Record Number of Counterfeit One Pound Coins Could Force Britain to Reissue Entire Denomination

real-pound-coin

Real pound coin

Their warning came as new figures indicated there were £41 million fake £1 coins in Britain – one in every 36 in circulation. This is a record level and suggests that the proportion of counterfeit coins had tripled in the last decade.

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Federal Reserve Made A Record Profit Of $45 Billion In 2009

money

Stacks of money at the Federal Reserve in San Francisco

Wall Street firms aren’t the only banks that had a banner year. The Federal Reserve made record profits in 2009, as its unconventional efforts to prop up the economy created a windfall for the government.

 

Continue reading… “Federal Reserve Made A Record Profit Of $45 Billion In 2009”

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