Quote:
Originally Posted by GatorB
Please enlighten me on where the fed cmae up with this $700 billion figure. I know, but I'm currious if you do.
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as far as i know, for the most part it was an arbitrary number based on the scope of the problem and the needs of institutions and what will shape domestic and global perception in the financial markets and create a sense that something is meaningful is being done and that the bleeding will stop and that the government has the will and fortitude to stop it... but i'm sure you know all the details that no one else does. afterall.. .why wouldn't you? you call yourself "gator" and as well all know, all great thinking and all great minds are associated with the name "gator".