Relevant:
- Fed "Earnings" and Treasury Remittances Are Collapsing! What Does It Mean?
- Ben Bernanke Meets Elizabeth Warren
- Freddie Mac posts $354M "Don't Worry, It's Just Derivatives" loss; Cuts Dividend; Won't Draw on Treasury
- AT&T moves US$17 billion pension plan and benefit losses to the past
- Countrywide Earnings Eyed Before Deal
2013-03-20 — wallstreetexaminer.com
While it may be fun to note that the Fed isn't much of an investor and might even operate at a loss in the future when interest rates rise, for practical purposes, it's meaningless. The Fed could operate at zero profit, or even at a loss, indefinitely
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