0 votes

The Fed's annual profit surges to $81.7 billion

WASHINGTON (MarketWatch) -- The Federal Reserve released earnings for 2010, with the central bank's profit growing to $81.7 billion, a record high, from $53.4 billion, mostly due to growing interest earnings on federal agency and government-sponsored enterprise mortgage-backed securities.

http://www.marketwatch.com/story/the-feds-annual-profit-surg...



Trending on the Web