canadian bank bailout

i sort of knew that we, the taxpayers, were backing up mortgages for the banks. however, the number i had in mind was a $25B commitment to support banks if they needed it. i didn't realize that the "best banks in the world" needed an extra $50B added to that so that they would keep loaning money

yes, we have a $75B Canadian bank bailout package. Makes the $4B auto bailout look a bit better. A very little bit.