PhoenixREIC News Blog
Stories on housing, finance, health, nature & life.
Aug 31, 2009
Federal Reserve made $14 billion on turmoil loans
So does this mean we (the tax payers) will get a tax credit !?
LONDON (Reuters) -
The Federal Reserve has made $14 billion in profits on loans made in the last two years, The Financial Times reported on Monday, citing officials close to the matter.
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