Federal Reserve Cannot Account For Trillions?

[falcon]

Nowweknow why the Federal Reserve refuses to tell us where the money went. Answer: They do not know where the money went. Watch the Federal Reserve IG waffle as she is questioned by US Rep. Grayson.

http://moneynews.newsmax.com/financenews/feds_lost_nine_trillion/2009/05/12/213463.html

"œWhat about the $1 trillion plus expansion of the Federal reserve"™s balance sheet since last September?"� Grayson asked.

"œWe have different connotations,"� Coleman replied. "œWe"™re actually conducting a fairly high-level review of the various lending facilities collectively."�

Translation: Nobody at the Fed knows where the money went.

Do you know what who got the $1 trillion or more in the Fed's expansion of its balance, Grayson pressed.

"I do not know. We have not looked at this specific area at the particular point on that specific review," Coleman answer.

[Centauri]

It obviously went to China.

[James B]

Or somewhere much closer. There are no surprises left.

[Fieldmouse]

Why does that surprise you. Where did SS and medicare money go? (but I trust my government over what's left of our free market.[:-])

[burniegoeasily]

There is a real fat Swiss account out there with a funny name on it.

[ipscshooter]

Are the initials "B" "H" and "O"?