IN THE MONEY:

Fed's Net Soars on Crisis-Era Holdings (MAYA JACKSON RANDALL, 1/11/10, WSJ)

The Federal Reserve's net income surged to $80.9 billion in 2010, largely due to a boost in earnings from securities it acquired during the financial crisis and its aftermath, according to preliminary unaudited results the central bank released Monday.

Most of that income will go back to the U.S. Treasury, as is the Fed's custom. The Fed will transfer a record $78.4 billion to the Treasury Department, including income earned from interest on bonds issued by the Treasury itself. It marks a 65% increase over the $47.4 billion the Fed paid the Treasury in 2009.