Thursday, May 7, 2009

Fed Loans Losing Value

This seems like small potatoes now, but those Bear Stearns and AIG loans made by the Fed aren't doing too well. As of May 6, the Fed is under water by over $8 billion. Here are the details:

On the other hand, Commercial Paper Funding Facility outstandings are down from over $325 billion in December 2008 to $164.7 billion, and down $50 billion this past week alone.

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Anonymous said...

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Anonymous said...

$8 trillion?

Palermo's Blog said...

You are correct - sorry about that. $8 billion. I need to change the table - just caught it.