You have good news from the Fed! It has made substantial ...
You have good news from the Fed!
It has made substantial profits on the real estate investments acquired during the financial crisis. Now that the Fed is selling these mortgages at a profit, billions of dollars are going into the US Treasury. Some analysts call our central bank the "most profitable bank in the US."
http://newyorkfed.org/markets/maidenlane.htmlBuy Timing the Market at Amazon.com
It has made substantial profits on the real estate investments acquired during the financial crisis. Now that the Fed is selling these mortgages at a profit, billions of dollars are going into the US Treasury. Some analysts call our central bank the "most profitable bank in the US."
http://newyorkfed.org/markets/maidenlane.htmlBuy Timing the Market at Amazon.com
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