The LAT has a handy graphic:
My instinctive response upon hearing that the bailout failed was relief. I know the dangers of a meltdown. But I also know the dangers of perpetuating the toxic combination of denial and debt that has characterized the last eight years.
This article available online at:
http://www.theatlantic.com/daily-dish/archive/2008/09/how-big-is-the-bailout/210999/
