Didn't Fannie, Freddie, and AIG come to less than 200 Billion?

[Skink]

:shrug:

[Aqaba]

1. They have no idea yet how much it will cost

...they still hafta sort through their bad assets.

[valerief]

2. I'm sure the folks setting the number will make sure it's plenty high enough to pad their personal

offshore accounts.

[dkf]

3. I thought it was $100B each for Freddie and Fannie and $85B for AIG.

So I come out to $285 Billion.

[lxlxlxl]

4. Mortgages stacked on top of other mortgages stacked on insurance, wrapped in money market funds, and

each layer wrapped in options, loans for options, etc...etc...

Neology and lawyers and accountants in the service of gutting the country.

I'm sick everytime I think about it.

[Avalux]

5. If they're asking for 700 billion; it'll be much more than that.

They're lying about the scope of the problem; now foreign banks will get our tax dollars and I have a feeling cc debt and other debt not mentioned will be included as well.