Relevant:
- The dynamic central banking duo -- ECB balance sheet up over €3.1 trillion mimicking Fed balance that is close to $3 trillion. Shuffling toxic assets into darkness.
- BOJ's balance sheet almost as big as Japanese economy
- Federal Reserve continues shadow bailout of banking industry -- $947 billion of overpaid and low demand mortgage backed securities sit on the massive $2.8 trillion Fed balance sheet
- The Fed doubles its balance sheet - above $2 trillion in just 5 weeks
- Balance sheet of the Federal Reserve
2010-07-09 — zerohedge.com
"The Federal Reserve has reclassified $4.4 trillion of IOU’s. They have taken them out of the category “Mortgage Pools and Trusts†and put them on the individual Agency’s balance sheet(s)."
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Comments:
catherine at 19:36 2010-07-09 said:
this is the kind of accounting that makes 25 trillion look like 2 trillion offlmfao.....it is going on in EVERY GOVERNMENT DEPARTMENT.......... Permalinkadd a comment | go to forum thread
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