"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."Oh holy crap.... You seriously can't make this stuff up
Thursday, September 25, 2008
You can't make this stuff up
So you know that solution to the financial crisis that Henry Paulson came up with? You know, the $700 Billion bailout plan? You would think that the $700B number would be based on financial models, forecasts, and actuarial analysis. At the very least, you'd think it was based on SOMETHING. Well, you'd be wrong:
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