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Old 06-10-2009, 08:06 PM   #1
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Default Fed Would Be Shut Down If It Were Audited

Fed Would Be Shut Down If It Were Audited, Expert Says - Markets * US * News * Story - CNBC.com

Quote:
With $45 billion in capital and $2.1 trillion in assets, the central bank would not withstand the scrutiny normally afforded other institutions.
I doubt that they will audit the Fed.

Last edited by NEPatriot; 06-10-2009 at 08:06 PM..
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