According to a recent post on the Seeking Alpha blog (one of my favorites as well as one of the most respected on the web), the Financial Times is reporting in a video interview with George Magnus, UBS senior economic advisor that we can expect a bailout by October (just in time for the election!), something we've been predicting at Housing Chronicles since the beginning of the year. How big a bill will this be? Try $500 billion - or maybe even $1 trillion:
Showing posts with label Seeking Alpha. Show all posts
Showing posts with label Seeking Alpha. Show all posts
Monday, March 10, 2008
A $1 trillion government bailout by Halloween?
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