Articles About Sub-prime Mortgage Bonds

Author:
James I. Clark III
Posted:
04.05.2011

The Fed’s 2010 Profit? A Cool $81.7 Billion

The Federal Reserve made some serious money in 2010. The central bank’s profit soared to $81.7 billion, a record high, primarily from growing interest earnings on federal agency and government-sponsored enterprise mortgage-backed securities.  The Fed’s balance sheet — which also can be monitored monthly — ballooned to $2.43 trillion, up $193 billion from 2009, as […]

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