Sunday, January 20, 2013

The NEW Hollywood Video: Wall St. banks have $1.46 trillion at Fed doing nothing

The NEW Hollywood Video
An Entertainment News Curator
Wall St. banks have $1.46 trillion at Fed doing nothing
Jan 21st 2013, 00:00

Thanks to fears over government regulations, there's a massive $1.46 trillion treasure chest sitting idly at the Fed, excess reserves from skittish US banks. And it's forecast to reach a startling $2.6 trillion in the next year. This cash doesn't do anything for the American…

The post Wall St. banks have $1.46 trillion at Fed doing nothing appeared first on The NEW Hollywood Video.

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