A growing number of economists, both American and international, have joined in criticism of the country’s private Federal Reserve financial organization. Technically a private entity, separate from both the United States Government and its major judicial power, the Federal Reserve has been a key target in economic measures this year, due to its large contributing to declining currency values.

Now, however, ‘Fed’ employees may have more than just criticism to deal with. A series of financial statements from the organization have revealed major structural issues and accounting mishaps – an awful amount of which point towards missing funds and major income issues. Free market activists have called it a dash towards insolvency, with many moderate economists quickly following suit.

While the Fed itself is an unlikely candidate for a lengthy insolvency case, given its immense ties to the public sector and an incredible amount of mutual reliance, it could become an interesting event, particularly for those involved in economics. Business bankruptcy has been a major issue in the US, and a large-scale case such as a Fed insolvency could raise the issue further into the limelight.

For now, the Fed’s ‘stress test’ policies will continue, despite endless criticism from both sides of the political playing field. An additional $600 million worth of securities are due to be purchased, using a variety of funding sources. This exposure to interest rates, combined with a considerable quota of political pressure, could expose more cracks than many economists have been expecting.