WaPo: Federal Reserve Earned $45 Billion In 2009
The Washington Post is reporting that the Federal reserve did really well this year much like the banks it, and the U.S. Treasury bailed out beginning in August 2008. The Post said, "The numbers are good news for the federal budget and a sign that the
Fed has been successful, at least so far, in protecting taxpayers as it
intervenes in the economy -- though there remains a risk of significant
losses in the future if the Fed sells some of its investments or loses
money on its stakes in bailed-out firms."
Read the whole article here.
Read the whole article here.

![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=79a48deb-0bdf-431d-a023-9a03920cf738)
Leave a comment