Remember this number?

It was only last July that the Congressional Budget Office projected the cost of the loan bailout at $25 billion.

At the time I wrote:

Wouldn't that be great, if it really only costs that much to fix Fannie and Freddie? But I think the cost will be well over $100 billion, for which the CBO acknowledges there is a 5% chance.

Now we're up to $700 billion, and there's no reason to have more confidence now than there was in July.

Given the grave scope of the mismanagement, and the extraordinary costs, why isn't someone going to jail over this? Why aren't we even talking about that subject?