Wednesday, November 19, 2008

Who Has This Kind Of Money?

Try this one on for size. FBR says that the financial system needs $1 trillion to $1.2 trillion pumped into it. They also hypothesize that it will take three to five years to return to normal.

Remember-was it about a year or a little more ago-when Bernanke said the subprime crisis was completely containable and wouldn't result in losses exceeding, say $50 billion?

Tom Lindmark

More:FBR