Tuesday, January 11, 2011

Focus on the Fed: Could the Federal Reserve Become Insolvent? - CNBC

As we continue to advise, take the pain now and get it behind us, or keep hiding the ball and experience much more severe pain for the U.S. Economy soon. We are running out of room to move balls from one side of the balance sheet to the other, both in the U.S., Europe and Asia. We continue to lobby the U.S. Federal Reserve to take the financial hit now, which would require them to be open and transparent and mark their financial books to true market value.Focus on the Fed: Could the Federal Reserve Become Insolvent? - CNBC

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