vote will be on wed evening us time, page-60

ciggy.....$700bn might buy them $3 trillion worth of debt securities, maybe a bit more or less. This will prop up the equity component of the banks and is perceived to make banks lend to each other again, bringing down the TED spread. This will in turn make the banks more profitable and lend easier to businesses and common folks. More mortgages, more jobs, economy moving forward not backward.

Government has time. And in time their $700bn investment can be a nice profit which will be paid back to the tax payer.