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May 19th, 2012 
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Privately Owned US Federal Reserve Bank made profit of $77 billion in 2011
CNNMoney – Call it the most profitable bank in the world. The Federal Reserve once again made a hefty profit in 2011, as the central bank went on bond buying binge to stimulate the economy. The Fed earned $77.4 billion last year, according to financial statements released to the public Tuesday. And yes, they were audited (by Deloitte and Touche). While that’s a slight tick down from the Fed’s 2010 earnings, it’s still a massive figure. Read Article
Tags: banks, financial system, nature of corporations, North America
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