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dyna mo · 08-03-2011, 10:02 AM

At the Federal Reserve’s July 13, 2011 hearings before the House Financial Services Committee, Representative Al Green cited evidence that the Fed made a profit on its QE 1 and QE 2 asset acquisitions and that the transfer of those funds back to the Treasury had helped reduce the deficit.

http://www.ritholtz.com/blog/2011/07...-the-taxpayer/

08-03-2011, 10:02 AM
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 64,345	At the Federal Reserve’s July 13, 2011 hearings before the House Financial Services Committee, Representative Al Green cited evidence that the Fed made a profit on its QE 1 and QE 2 asset acquisitions and that the transfer of those funds back to the Treasury had helped reduce the deficit. http://www.ritholtz.com/blog/2011/07...-the-taxpayer/