OMG, check this out. The AP is reporting that the gross cost of the Federal bailout could be as high as $24 Trillion! WOW, or $80,000 for ever American in the US. I will tell you what, we have 6 in our family, just send me a check for $480,000 and let the banks fail!
Seriously now, that number is the gross and does not take into account any returns from assets held as collateral. But still, WOW!
You must log in to post a comment.