Pull Away Blanket of Secrecy on Federal Bailout
The Fed, for example, refuses to say who received some $2 trillion in emergency loans that have showed up on its balance sheet. Nor will it disclose the collateral for those loans.This month, Bloomberg News filed a lawsuit against the Fed, demanding it disclose the information after the central bank denied the news agency’s request.
read more | digg story
read more | digg story