Friday, Sep 26, 2008
$188 billion a DAY?!
Reuters: Central banks dole out cash as bailout doubts grow
Figures released late Thursday showed U.S. institutions borrowed from the Fed $188 billion per day on average in the latest week, almost four times the previous record.
Posted by gardeniadotnet @ 09:03 AM (262 views) Add Comment
3 Comments
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1. gardeniadotnet said...
$700 billion bailout divided by $188 billion per day = about 4 days.
Is that how it works?
2. Bananasplit said...
Nothing seems to be tangible. ownership is a word without meaning.
3. plato said...
Would this be for corporate lunches ? Or am I out of touch with the cost of eating?