Bad Debt Plan May Cost Up To A Half A Trillion Dollars
Treasury Secretary Hank Paulson briefed Congressional leaders on plans to address the "illiquid assets" on U.S. financial institutions' balance sheets, possibly including the creation of a government facility to take on financial firms' bad debts......
CNBC
Editor's Note:
A half-trillion price estimate would look like this on a check:
$ 500,000,000,000.00
CNBC
Editor's Note:
A half-trillion price estimate would look like this on a check:
$ 500,000,000,000.00
posted by Milt Baker CPA | 9:43 AM
1 Comments:
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