Well I guess if every major bank in the country catastrophically fails and every company goes bankrupt and defaults on its commercial paper...
And even so, it looks like that $8.7 trillion number includes monetary stimulus, which is completely different from expenditure of taxpayer dollars. They obviously wanted a headline-grabbing number, not a serious estimate of the cost of the bailouts.
Remember, you claimed that we would get most of the bailout money back. It's not necessary for all of them to fail for most of that money to be lost. But I hope you turn out to be right.
>>And even so, it looks like that $8.7 trillion number includes monetary stimulus, which is completely different from expenditure of taxpayer dollars.<<
If we have rampant inflation as a result of all this "investment" that's every bit as bad as being taxed.