"We know its not Paulson, Ackman, or SAC; is it Dalio's Bridgewater?
No, the world's most profitable private entity that is in business to generate profits via
speculation in financial markets is, drum roll please, the Federal Reserve.
Stone & McCarthy (SMRA) estimates the Fed will make around $90bn profits in 2012."
- more - and that chart !!!
http://www.zerohedge.com/news/2012-...fund-about-make-us-treasurys-life-much-easier
No, the world's most profitable private entity that is in business to generate profits via
speculation in financial markets is, drum roll please, the Federal Reserve.
Stone & McCarthy (SMRA) estimates the Fed will make around $90bn profits in 2012."
- more - and that chart !!!
http://www.zerohedge.com/news/2012-...fund-about-make-us-treasurys-life-much-easier