Archive for Treasury

Sep
25

How they came up with $700 billion

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How did the smart minds at the Treasury decide that $700 billion was the right amount for a bailout? "It's not based on any particular data point," a Treasury spokeswoman told Forbes.com. "We just wanted to choose a really large number." Good to know... (Thanks to Andrew Sullivan for the link)
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Aug
24

It’s a good time to buy muni funds

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Today's market makes steady, low-risk investments more attractive, and many municipal bonds now yield more than Treasurys.
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