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And why shouldn’t we trust them when they say they need $700 Billion? Maybethis:

In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.

“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.

And well this about covers the other reasons:

John Sherffius
Sep 24, 2008
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