trillion

Bailouts: $7 trillion and rising

CNN Money  Wed, 11/26/2008 - 12:02pm

The U.S. government is now willing to spend more than $7 trillion to help rescue the economy. That's about $23,000 for every American, and more than half of U.S. annual gross domestic product.



 

Making Man As Super As His Computer

ZDNET - Between the Lines  Mon, 11/17/2008 - 4:05pm

Worst case, Steve Wallach figures it costs $10,000 to buy a blade server that can execute 50 billion floating point operations in a second.

By that measure, it would take $200,000 to buy 20 of the blades, to handle a trillion operations a second in a heavy-duty scientific or financial calculation.



 

Where AIG's new bailout ranks

CNN Money  Mon, 11/10/2008 - 11:31am

AIG may have gotten a $150 billion deal Monday, but that's just a small fraction of the nearly $3 trillion in financial rescue programs the government has created to stabilize the U.S. economy.



 

International bank lending slides

BBC Finance  Thu, 10/23/2008 - 5:20am

International lending by banks fell by $1.1 trillion in the second quarter, the largest contraction since 2001, offical figures show.



 

Online critics take aim at $700 billion financial bailout propos...

CNET Tech blog  Wed, 09/24/2008 - 6:15am

Skepticism of the Bush administration's financial bailout plan, which would put the total bailout cost at around $1.8 trillion, is growing, and crossing normal ideological lines.



 

Gartner: Global IT spending to jump 8 percent in 2008

ZDNET - Between the Lines  Mon, 08/18/2008 - 10:11am

Gartner is projecting that worldwide IT spending till top $3.4 trillion in 2008, up 8 percent from a year ago.

That’s the good news. The bad: Much of that growth is based on the decline of the U.S. dollar, which helps American technology vendors.



 

$1 trillion in losses? Bank on more

CNN Money  Fri, 08/08/2008 - 10:02am

Make no mistake: The worst probably is not over for financial firms. Not by a long shot.



 

Record deficit for next president

BBC Finance  Mon, 07/28/2008 - 10:18am

The next US president is expected to face a record budget deficit of nearly half a trillion dollars in 2009.



 

The $5 trillion mess

CNN Money  Sun, 07/13/2008 - 2:56pm

They own or guarantee $5 trillion worth of mortgages? - nearly half of all the country's outstanding home loan debt - and they're crashing.

But not everybody is convinced they should be.



 

Iraq war could cost taxpayers $2.7 trillion

CNN Money  Thu, 06/12/2008 - 11:21am

As the Iraq war continues with no clear end in sight, the cost to taxpayers may balloon to $2.7 trillion by the time the conflict comes to an end, according to Congressional testimony.