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The Top Turfway Tipster
12 Jan 10 15:34
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Date Joined: 17 May 06
| Topic/replies: 727 | Blogger: The Top Turfway Tipster's blog
How much do you reckon the BofE will make?

Given that Gordon Brown is an ecomomic genius and, by his own admission he "saved the world", it'll be interesting to see what our figures are like.

The news article is on :

http://news.bbc.co.uk/1/hi/business/8454535.stm
Pause Switch to Standard View Federal Reserve makes record $52.1bn...
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Report The Investor January 12, 2010 11:14 PM GMT
Some of the profit has come from interest earned on government bonds and mortgage-related securities - including those of mortgage giants Fannie Mae and Freddie Mac.

The Federal Reserve isn't federal and it doesn't have any reserves. Strange name when you think about it...
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