Federal Reserve Bank

According to Associated Press: The Federal Reserve reported record profits of $46.1 billion last year as the central bank made money off its extraordinary efforts to rescue the country from the worst economic and financial crisis since the 1930s. The windfall gets turned over to the U.S. Treasury....

Up for re-confirmation as the Fed chief this Thursday, Goldman Sachs alumni, Ben Bernanke is a poor choice for the job. Along with current Treasury Secretary Tim Geithner, another former Goldman exec, Bernanke ran the largest economy in the world off the tracks by pursuing a free market ideology...