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IMO, a version of this with a grey area for the extra $ in a pie the same size of the bailout pie would have been more visually effective.
Only, I'm wondering if this is right...is this falling afoul of the American Billion vs. British Billion problem? I didn't think our bailout was in the trillions yet....
Apparently, the source for the numbers is this article at Boing Boing porsted by Cory Doctrow. It includes the Citi bailout money, which is why it's over 4 trillion.
Yikes.

Oh My. There are some sources out there saying it's even worse than that:
http://www.ritholtz.com/blog/2008/12/calculating-the-total-bailout-costs/
Only, I'm wondering if this is right...is this falling afoul of the American Billion vs. British Billion problem? I didn't think our bailout was in the trillions yet....
Apparently, the source for the numbers is this article at Boing Boing porsted by Cory Doctrow. It includes the Citi bailout money, which is why it's over 4 trillion.
Yikes.

Oh My. There are some sources out there saying it's even worse than that:
http://www.ritholtz.com/blog/2008/12/calculating-the-total-bailout-costs/
no subject
Date: 2008-12-08 02:45 pm (UTC)no subject
Date: 2008-12-08 02:53 pm (UTC)no subject
Date: 2008-12-08 04:12 pm (UTC)I need some sweet deal where I get to write books of politically motivated pep talks for money.
no subject
Date: 2008-12-08 06:41 pm (UTC)It's not that bad, yet.
Date: 2008-12-08 05:17 pm (UTC)I'm not saying that the situation isn't dire, but the above chart is giving a worst-case picture, which differs from the most probable case by about an order of magnitude.
Re: It's not that bad, yet.
Date: 2008-12-08 06:44 pm (UTC)