Friday, September 26, 2008

$188 billion a DAY?!

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 (2841 views)
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3 thoughts on “$188 billion a DAY?!

  • gardeniadotnet says:

    $700 billion bailout divided by $188 billion per day = about 4 days.

    Is that how it works?

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  • Nothing seems to be tangible. ownership is a word without meaning.

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  • Would this be for corporate lunches ? Or am I out of touch with the cost of eating?

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