Between 1989 and mid-1995, the Resolution Trust Corporation closed or otherwise resolved 747 thrifts with total assets of $394 billion.

With insufficient liquidity to meet its obligations, WaMu was in an unsafe and unsound condition to transact business," the OTS said.Seattle-based Washington Mutual has about $307 billion of assets and $188 billion of deposits, regulators said.

We need serious debate over this issue, before we hand over 700 billion dollars of our money.This reminds me of the Patriot Act.

700 billion translates to $3000 cost to every man, woman and child in the US.

CA needs a $7 billion loan . . . anyone, anyone . . .

In 97 Asia experienced its crash and a $95 Billion Bailout by the IMF which spoke strongly against nationalization and Govt. intervention in the free markets.

Ranging from about 100 million to about 1 billion.

(by this I mean our way of living) I'm not saying get rid of the military but do we really need to deficit spend $700-$800 billion per year on it?

The developer Jorge Perez started at nothing and exceeded $1 billion.

BiggerPockets is pleased to welcome Quicken Loans Chairman Dan Gilbert as a guest blogger on October 8th, 2008, in order for him to share his "Solution That Works" alternative to the $700 Billion bailout plan passed by the U.S.