How Much is $11.6 Trillion, Really?
Posted in Business on Sep 25th, 2009
Barry Ritholtz, one of the nation’s top economics bloggers, tracks the true expected costs of the banking system bailout. His figure of $14 trillion has now dropped to a paltry $11.6 trillion, and knowing how important it is to put that into perspective for the rest of humanity, he offers this: To put $11.6 trillion [...]