Scary
No one’s looking out for your money: Are you telling me that nobody at the Federal Reserve is keeping track on a regular basis of the losses that it incurs on what is now a $2 trillion portfolio?
No one’s looking out for your money: Are you telling me that nobody at the Federal Reserve is keeping track on a regular basis of the losses that it incurs on what is now a $2 trillion portfolio?
Remember, I do this to entertain me, not you.
Uncle Pays the Bills
Find Local
|
May 13th, 2009 at 10:06 am
They don’t give a shit – it wasn’t their money to begin with to spend on those ‘assets.’
May 14th, 2009 at 12:03 am
I doubt seriously that the current market value is anything like 2 trillion dollars.
I think they view it as sunk cost. I know I do.