NU Online News Service, June 12, 1:18 p.m. EDT
The Federal Reserve Board suffered paper losses of almost $9 billion, or 19 percent, in the first quarter of 2009 on risky securities it took over from American International Group last year, according to a new report.
The data was disclosed in a report the agency agreed to release monthly on the value of assets it has acquired as part of its efforts to shore up the economy.
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