SUBSIM Radio Room Forums - View Single Post - Federal Reserve Banks make a record profit.

mookiemookie · 01-12-10, 03:27 PM

Apparently they earned a lot of interest on the toxic assets they took off the banks' hands. The question is what is the true market value of that garbage they have on their books? I suspect a lot of that "profit" would be wiped out if they had to mark to market.

01-12-10, 03:27 PM	#2
mookiemookie Navy Seal Join Date: Nov 2005 Location: Houston, TX Posts: 9,404 Downloads: 105 Uploads: 1	Apparently they earned a lot of interest on the toxic assets they took off the banks' hands. The question is what is the true market value of that garbage they have on their books? I suspect a lot of that "profit" would be wiped out if they had to mark to market. __________________ They don’t think it be like it is, but it do. Want more U-boat Kaleun portraits for your SH3 Commander Profiles? Download the SH3 Commander Portrait Pack here.