To be specific it is excess reserve accounts at the Federal Reserve, which in the modern world are actually electronic.
"On accounting fraud, we're looking at housing developers who may have reported cash reserve accounts to reflect falsely inflated values, " he told CNN.
The Fed adds Treasuries and Agency mortgage-backed securities to its assets and pays, in effect, by crediting the reserve accounts of the banking system.
Why don't Citi and other card issuers hike their reserve accounts?
When the Fed makes loans or acquires securities, the funds enter the banking system and ultimately appear in the reserve accounts held at the Fed by banks and other depository institutions.
When Berkowitz accused Skilling of using Enron's reserve accounts as a financial cookie jar to fabricate the company's earnings, Skilling told the prosecutor that he didn't understand the financial documents he was trying to characterize.
The complaint against one of the Dominican Republic gang members allegedly involved in the theft states that thousands of dollars' worth of stolen cash was deposited into two Liberty Reserve accounts via currency centers based in Siberia and Singapore.
China has stated interest in diversifying its currency and debt holdings in its foreign reserve accounts by buying up other BRIC assets, mainly currencies in Russia, India and Brazil, one of the strongest and most stable currencies in the Americas.
Loans are then made from The Reserve's money market accounts.
The Federal Reserve Board requires long equity margin accounts maintain a balance of 50% equity, 50% margin debt.
La Palma Biosphere Reserve is tackling public lighting, which accounts for 17% of energy consumption worldwide.
One, led by Paul Volcker, the former head of the Federal Reserve, is looking into dormant victim accounts.
It was produced at the request of the commission headed by Paul Volcker, a former chairman of the Federal Reserve Board, on the so-called dormant accounts in Swiss banks.
It was originally intended as a reserve currency, but is now mainly used in the accounts for the IMF's transactions with member countries.
Under the President's still-sketchy plan, firms that hold government-insured deposits or are eligible to receive cheap loans in an emergency from the Federal Reserve would not be able to trade for their own accounts.
The Treasury's proposal would prohibit U.S. financial institutions from opening or maintaining accounts for foreign banks that process transactions for Liberty Reserve and require special steps to guard against any transactions involving it.
WSJ: U.S. Alleges $6 Billion Money-Laundering Operation at Liberty Reserve
Then, according to those accounts, it was handed to a guard at the nearby Federal Reserve Bank.
Swiss bankers have already empowered Paul Volcker, a former chairman of America's Federal Reserve, to waive Swiss secrecy laws in banks in order to scrutinise old accounts.
As part of the deal, Paul Volcker, a former chairman of the United States' Federal Reserve, has been working with a team of auditors to uncover dormant wartime accounts belonging to Holocaust victims.
These bumps could have a psychological and economic impact on U.S. consumers as home equity still accounts for over 16% of household net worth according to Federal Reserve data as of the end of the second quarter of 2010 (down from a high of close to 28% in 1980s).
High bank reserve requirements of as much as 20% for timed deposits and 12% for current accounts keep banks from lending out too much money.
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