In other banking news, the Washington Post reports the Federal Reserve made a record $45 billion profit in 2009. Unlike most government agencies, the Fed funds itself from its own operations and returns its profits to the Treasury.

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Democracy Now!
Amy Goodman
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In other banking news, the Washington Post reports the Federal Reserve made a record $45 billion profit in 2009. Unlike most government agencies, the Fed funds itself from its own operations and returns its profits to the Treasury.