Fed Earned $2.7 Billion In Quarter

WSJ.com: What's News US, Wall Street Journal
Wed, 06/10/2009 - 9:26am

The Fed made almost $2.7 billion last quarter when gains and losses on its myriad lending facilities, asset holdings and loans to Bear and AIG are tallied up. (Report)

NEXT
Sections:  news   u.s.   politics   
Topics:  aig   earnings & sales reports   fed   federal reserve   
RELATED ARTICLES
  • Federal Reserve to Continue Stimulus Efforts
    The Federal Reserve said Wednesday that it would continue its stimulus campaign at the same pace it has maintained since December, just as investors had expected. More
  • Redesigned $100 Bill Ready by Oct.
    The Federal Reserve announced Wednesday that it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target. The Fed has set a new target date of Oct. 8. The redesigned note incorporates added security features, such as a blue, 3-D security ribbon and a disappearing Liberty Bell in an inkwell. More
  • What Pullback? S&P 500 Climbs To Fresh Highs
    The Federal Reserve says it may start dialing back asset purchases this summer, but Wall Street doesn't seem worried Wednesday with stocks flying Wednesday and driving the major averages to fresh nominal highs. More
  • Fed policymakers eyed ending bond-buying this year: minutes
    A few Federal Reserve policymakers expected to taper the pace of asset purchases by midyear and end them later this year, while several others expected to slow the pace a bit later and halt the quantitative easing program by year-end, according to minutes of the Fed's March meeting. More
  • Fed Maintains Rates and Strategy
    The central bank affirmed that it would keep up its existing efforts to stimulate the economy, even though it expected a return to moderate growth. More
BING NEWS:
  • The Fed Was Blindsided By Its $200 Billion Loss
    The Fed released financial statements for the third quarter. Read more about the regulator’s balance sheet and how it forecasts its financial position.
    12/11/2024 - 11:00 pm | View Link
  • Elon Musk's Fortune Reaches $400 Billion, Bloomberg Says
    Elon Musk is a $400 billion man. The 53-year-old Tesla ( TSLA) CEO and serial entrepreneur has become the first person whose net worth has surpassed $400 billion, Bloomberg reported Wednesday.
    12/11/2024 - 6:49 am | View Link
  • More

 

Comment On This Story

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More News

  • C&L's Late Nite Music Club: Journey 'Don't Stop Believing'
    Crooks and Liars, Saturday - 12/21/2024 - 11:00 PM

    With so much new music being put out and new stars created each year, it's ironic that one of the most played songs on Spotify in 2024 was Journey' "Don't Stop Believing" Billboard: More than a billion Spotify streams, a Library of Congress National Recording Registry placement and plays at virtually every sporting event around the world don’t lie — this one is Journey’s pinnacle of success.

    More | Talk | Read It Later | Share
  • Heat outscored 37-8 in fourth, fall 121-114 to shorthanded Magic in Butler’s absence
    South Florida Sun-Sentinel, Saturday - 12/21/2024 - 09:40 PM

    ORLANDO — Just when you thought any worse wasn’t possible after blowing an eight-point overtime lead in Detroit at the start of the week, it got worse for the Miami Heat at the end of the week. Against a severely depleted Orlando Magic roster, the absence of Jimmy Butler hardly appeared to register through the first three quarters for Erik Spoelstra’s team, with the Heat racing to a 25-point lead. And then, a collapse of epic proportions, and now, a three-game losing streak following Saturday night’s 121-114 loss at Kia Center. “These are tough lessons that we all have to learn,” Spoelstra said.

    More | Talk | Read It Later | Share
  • Thank You, Pramila Jayapal
    Crooks and Liars, Saturday - 12/21/2024 - 09:30 PM

    After six years at the helm of the Congressional Progressive Caucus, dedicated to "building the infrastructure" necessary to effectively fight for key policies on Capitol Hill, term-limited Rep. Pramila Jayapal is determined to ensure that the CPC's incoming leaders "are as successful as possible." Jayapal (D-Wash.) spoke with Common Dreams on Wednesday about her time leading the caucus of nearly 100 lawmakers whose legislative priorities include "comprehensive immigration reform, good-paying jobs, fair trade, universal healthcare, debt-free college, climate action, and a just foreign policy." She was elected first vice chair of the CPC in June 2017, just months into her freshman term in Congress.

    More | Talk | Read It Later | Share
  • Jaylin Sellers, Mikey Williams make returns as UCF routs Jacksonville
    South Florida Sun-Sentinel, Saturday - 12/21/2024 - 08:07 PM

    Keyshawn Hall and Jordan Ivy-Curry combined to score 40 points as UCF closed out its nonconference portion of its season with an 86-66 win over visiting Jacksonville on Saturday. The Knights also saw the return of guards Jaylin Sellers and Mikey Williams, who were making their season debuts. Sellers, a senior, went down with an undisclosed injury in an exhibition game against Florida Gulf Coast on Oct.

    More | Talk | Read It Later | Share
  • County official who made San Diego a 'super-sanctuary' suddenly resigns before taking office, claiming 'security' concerns
    American Thinker, Saturday - 12/21/2024 - 12:00 AM

    Nobody believes that. What was the real reason?

    More | Talk | Read It Later | Share