2 Jun 2009

Is Anyone Minding the Store at the Federal Reserve?

Representative Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went and the trillions of dollars in off-balance sheet obligations...

Inspector General Elizabeth Coleman responds that the IG does not know and it is not tracking where this money is!

http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aGq2B3XeGKok


Poor soul, hey?

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