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Federal Reservations


Fed reports paper profit on Bear and AIG bail-outs

On August 02, 2010
The US public's hope of getting repaid for the bail-outs of Bear Stearns and AIG in the financial crisis increased on Thursday after the Federal Reserve reported a paper profit for the first time on all the holdings of securities bought from the companies

Originally from FT.com - US and Canada, Economy & Fed

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