The financial crisis has made my life busier and that means more to blog as well. Here is the latest:
a senior member of the Senate Banking Committee, said that if
Washington undertakes an effort to buy up bad assets from struggling
U.S. banks, it could cost taxpayers up to $4 trillion.
I don't know if he means net or gross but I am assuming the latter. It's still a lot to pull out of capital markets. And:
Addendum: More info here.