Is Anyone Minding the Store at the Federal Reserve?
http://www.youtube.com/watch?v=PXlxBeAvsB8
Rep. Alan Grayson (D-FL) asks the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is.
She looks confident nobody important minds the way she answered the question.