ANSWERS: 3
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I don't think anyone knows but it is b-zillions (probably more than 5 trillion - just my guess based on what the bailout is and people saying it is less than 20% of total - 700bn << 5T).
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12 trillion this number is from (Freddie Mac update Jan 2009)
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Approximately $11-12 trillion. Well according to Reuters Finance anyway.
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