"The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago," according to an estimate by Bloomberg News....
Regulators have revealed few details about the recipients of aid under the Troubled Asset Relief Program -- which was supposed to be used to buy up troubled mortgage assets from banks. To date, the package has not been used for this purpose.
[From The Raw Story | Bloomberg: US could lend as much as $7.4 trillion]
Hey, I'm not complaining. I'm just hanging by the phone, waiting for the call to see how much I want. And hey, for the record, I don't want much. One measly B ought to do - OK, maybe two. Three tops. So there'll be plenty left for you.
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