louie1674
05-25-2009, 03:00 PM
"The Federal Reserve apparently can't account for $9 trillion in off-balance sheet transactions.
When Rep. Alan Grayson (D-Orlando) asked Inspector General Elizabeth Coleman of the Federal Reserve some very basic questions about where the trillions of dollars that have come from the Fed's expanded balance sheet, the IG didn't know.
Worse, nobody at the Fed seems to have any idea what the loses on its $2 trillion portfolio really are."
Originally posted on Liveleak by: Hacedeca
/v/WcZH9G8S9iQ&hl
Now Imagine the Gov't running your health care. :stfu
When Rep. Alan Grayson (D-Orlando) asked Inspector General Elizabeth Coleman of the Federal Reserve some very basic questions about where the trillions of dollars that have come from the Fed's expanded balance sheet, the IG didn't know.
Worse, nobody at the Fed seems to have any idea what the loses on its $2 trillion portfolio really are."
Originally posted on Liveleak by: Hacedeca
/v/WcZH9G8S9iQ&hl
Now Imagine the Gov't running your health care. :stfu