[lbo-talk] The Fed, doing their part to combat the deficit ...

[Doug Henwood]

On Mar 22, 2011, at 5:45 PM, Jordan Hayes wrote:


> Fed says 2010 payment to government sets record
> 
> Fed pays US Treasury record $79.3 billion, reflecting
> gains from programs to aid economy

Also, the FT sez the Treasury is likely to make $20 billion on its purchase of mortgage securities in the heat of the crisis.

It's looking like a lot of those initial estimates of the cost of the bailout were overdone.

Doug