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Bailout Commitments ~90% of GDP?

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  • Bailout Commitments ~90% of GDP?

    Yikes. Not even close to fully drawn, but, daamnnn...

    Margin call be damned!

    "... “The president and Treasury Secretary Geithner have said they will do what it takes,” Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein said after the meeting. “If it is enough, that will be great. If it is not enough, they will have to do more.” ...."

    http://www.bloomberg.com/apps/news?p...CA4&refer=home

    ================================================== =========
    --- Amounts (Billions)---
    Limit Current
    ================================================== =========
    Total $12,798.14 $4,169.71
    -----------------------------------------------------------

    ....
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