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Re:Saudi Aramco Is World’s Most Profitable Company, Far Exce... by Not_a_pizza on Monday April 01, 2019 @01:46PM (#19545965)
You might as well label the Fed a corporation officially then, and do a real compare and contrast.
Re:Saudi Aramco Is World’s Most Profitable Company, Far Exce... by GCA10 on Monday April 01, 2019 @01:56PM (#19546092)
If I'm reading this correctly, the Fed and its member banks had $49 billion of net income through the first nine months of 2018, before remittances to the U.S. Treasury.

https://www.federalreserve.gov/aboutthefed/2018-september-fe...

Very nice showing. If you annualize the Fed's nine-month rate, it's probably slightly ahead of Apple's money-making rate, which is the best in the U.S. corporate sector. (Apple reported $59 billion in net income for the full year ended Sept. 29, 2018.)

Even so, the Fed can't quite crank out profits at an Aramco tempo.

Re:Saudi Aramco Is World’s Most Profitable Company, Far Exce... by Not_a_pizza on Monday April 01, 2019 @05:22PM (#19548397)
The Fed is effectively pulling money out of thin air, and profit sharing with it's largest partners - big banks, something which Saudi Aramco is both unable and unwilling to accomplish.
Re:Saudi Aramco Is World’s Most Profitable Company, Far Exce... by MagnumOpus on Tuesday April 02, 2019 @02:38AM (#19551578)
98% of Fed profits go directly to the Federal Government treasury, not big banks.