The Federal Reserve Will Lose Billions But It Just Doesn't Matter |
| June 09, 2013 | June 2013 Bond Updates |
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In May the Fed lost $155 billion in paper value on its $3.2 trillion portfolio of assets. That means the Federal Reserve's capital resources of $55 billion would have been wiped out nearly three times over had it been necessary for the central bank to mark its portfolio to market, or to sell a large amount of its $3.2 trillion holdings. |
| View more at: http://www.forbes.com/sites/robertlenzner/2013/06/08/the-federal-reserve-will-lose-billions-but-it-just-doesnt-matter/ |
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