$700,000,000,000. There's a lot of debate over all those zeros. The Bush administration and congressional leaders are trying to hash out details of the proposed $700 billion bailout for America's financial firms.
"This is the mother of all bailouts", said Senator Richard Shelby, R-Alabama.
Democrats are demanding some changes. They want more government ownership of the companies the government would rescue, more congressional oversight of the Treasury Department and help for Americans facing foreclosure. There's also disagreement between Democrats and the Treasury over so-called "golden parachutes", the fat cat payouts to company executives when they are let go.
There's also this big question: Is the crisis so urgent there is no time to read the fine print?
Tonight, we'll talk in-depth about the proposal.
In the meantime, share your thoughts. Do you think this is the right step?
Tonight, we'll also look at John McCain and Barack Obama's financial ties. Remember Fannie Mae and Freddic Mac? Well, both campaigns have their connections to the mortgage lenders. We're keeping them honest.
And, we'll also give you an up close look at the man of the hour: Treasury Secretary Henry Paulson. He's the one asking all of us to take a tremendous leap of faith and basically trust him and his successors with nearly a trillion dollars in taxpayer money.
All that and more tonight on 360 at 10pm ET.
Hope you can join us.
Anderson Cooper goes beyond the headlines to tell stories from many points of view, so you can make up your own mind about the news. Tune in weeknights at 8 and 10 ET on CNN.
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