$700 billion and lots of strings attached. It’s the necessary first step to getting this economic crisis under control. But it’s not the complete answer. There’s a lot of maneuvering that has to be done to get a return on this investment. Former Treasury Secretary Lawrence Summers has a good op-ed in today’s Washington Post explaining the matter.

UPDATE: So we thought.  The House of Representatives rejected the measure by a vote of 228 - 205.