Greece and US Bailouts: Some perspective

Greece was bailed out to the tune of  110 BB Euro or 146 Billion dollars. Angela Merkel is trying not to choke herself as she puts that to the German parliament. 

Meanwhile, the US has outdone Europe:
  • AIG bailout was for 182BB dollars and counting.
  • Fannie Mae commitment is for 100BB dollars.
  • Freddie Mac commitment is for 100BB dollars. 
Just some perspective. 


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