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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: tom pope who wrote (114732)12/5/2008 5:56:34 PM
From: ChanceIs  Read Replies (1) of 206347
 
>>>the FED was ever in a position that it did not have Treasuries on its balance sheet.<<<

Check around. I have read some stories that the FED had swapped almost all of its Treasuries for toxic debt from the banks.
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