That’s billion with an “m”

I had to do a double take upon reading the bold headline on the front page of today’s N&R: Fed OK’s $85 million loan to rescue AIG.

If only the taxpayers could have gotten out so cheaply.  But, alas, as the AP story below the headline correctly reports, the bailout was for $85 billion – with a big ol’ “B”.

Mistakes happen, but I’ll bet there’s a red face or two down on Market Street, if not a head or two rolling out the side door.

This entry was posted in Life in General. Bookmark the permalink. Both comments and trackbacks are currently closed.


  1. ben Holder
    Posted September 17, 2008 at 10:23 am | Permalink

    The N&R sucks

  2. Dick
    Posted September 19, 2008 at 9:50 am | Permalink


    As an old banker, I still use “m” to designate thousands, as $10,000 equates to $10m. For ten million, just add another “m”. Now eveyone uses “k”. I guess I haven’t moved into the new century. As for the N&R, I can only quote the late Lewis Grizzard: “What do you expect? It only costs 50 cents.”