Sunday, April 5, 2009

Bailout by the Numbers....

549 is the number of bailout-related gripe groups that have been formed on Facebook, ranging from "I want my bailout!" constituency to a group lobbying for a bailout of struggling mimes.

$8,887 is how much the government has spent per person since 2007 on bailing out the financial system, based on a tally by CNNMoney.com. THat doesn't include the latest plan to invest another $100 billion in privately managed distressed-debt funds that will buy up problem loans.

-27% is the year-to-date loss posted by the three-month-old Nasdaq OMX Government Relief Index (QGRI), which tracks the returns of companies receiving bailout money. By comparison, the S&P 500 is down only 9%.

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