The Federal Reserve said Tuesday it will send about $76.9 billion of its estimated 2011 net income over to the Treasury.
That was down from a record $78.4 billion in 2010, and comes primarily from the interest payments on securities held in the U.S. central bank's massive multitrillion-dollar portfolio.
I wonder if we can hire some serious money managers and get this $78.4 billion to grow a little bit more?
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