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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (120221)9/8/2012 9:11:23 PM
From: Sr K  Read Replies (1) | Respond to of 149317
 
I'd guess that of the $200 billion profit the Fed has turned over to the U.S. Treasury, half or more has come from buying MBS or GSE debt. If they paid "full face value" it was because that's where they were trading. The Fed made a profit of $10 b to $20 b on the Maiden Lane assets from AIG.