Thursday, September 08, 2011

Presidential Dollars Pile Up in Baltimore Bank

In a dimly lit underground vault a block from Camden Yards, the Federal Reserve is holding millions of dollars in cash that nobody wants.

The money — stored in cloth and plastic sacks piled high on metal shelving units — is in the unloved form of dollar coins, some of them never used. But a 2005 law requires the reserve bank to keep ordering coins regardless of its . . .

Read more at: The Baltimore Sun

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