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Politics : Ask Michael Burke

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To: marginmike who wrote (88269)	1/11/2001 12:44:04 PM
From: Joan Osland Graffius	Read Replies (1) of 132070

marginmike, Re: buying from the FED. I have an account at the FED and use my Merrill Lynch account to pay for my purchases i.e. electronic payment. Merrill lynch also receives the note, bond, bill asset in my account and takes care of the payment to me when it matures. I also can sell the asset at any time to Merrill Lynch. Joan

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