"In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.
"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number." "
Thursday, September 25, 2008
Can't Say This Fills Me With a Lot of Confidence
Don't try this explanation next time a client asks you to justify your cost estimate for remodeling their kitchen. From Forbes: