Federal Reserve Bank made profit of $77 billion in 2011 | ksdk.com: NEW YORK (CNNMoney) -- Call it the most profitable bank in the world.
The Federal Reserve once again made a hefty profit in 2011, as the central bank went on bond buying binge to stimulate the economy.
The Fed earned $77.4 billion last year, according to financial statements released to the public Tuesday. And yes, they were audited (by Deloitte and Touche).
....the great contribution of Ron Paul:
Federal Reserve Transparency Act
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