Yep.

Wouldn't it make more sense to just take $700 billion to a Vegas casino and put it all on black? I mean, at least then you've got a 50% chance of not losing it all.

“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.”

Holy shit, that's the most frightening thing I've heard during this entire crisis.

Not just that $700 billion may be way more than is needed, but that it may be way less than is needed. He's basically saying that even after we sink $700 billion in taxpayer dollars into these companies, they may still collapse!