Quote:
Originally Posted by GrantDawg
It does not. The amount is the bad loans, not market inflation. I didn't leave ouot the confidence issue either. Reread the proposal Arles gave. Paulson is asking for 250 billion right now. Give him that. Then you work on the rest and have it when it is needed.
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Im sorry, I disagree. He asked for 700b and they countered w/ 250b tethered which he said, 'ok' to. We lost 1.4 trillion in mkt cap and an immeasurable amount of confidence, today. The tab just went up IMO.