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Thread: Fed Releases Discount-Window Loan Records by Court Order

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    Fed Releases Discount-Window Loan Records by Court Order

    Fed Releases Discount-Window Loan Records by Court Order - Bloomberg

    The Federal Reserve released thousands of pages of secret loan documents under court order, almost three years after Bloomberg LP first requested details of the central bankís unprecedented support to banks during the financial crisis.

    The records reveal for the first time the names of financial institutions that borrowed directly from the central bank through the so-called discount window. The Fed provided the documents after the U.S. Supreme Court this month rejected a banking industry groupís attempt to shield them from public view.
    Very, very interesting. Liking the transparency.
    Give a man a fish, or he will destroy the only existing vial of antidote.

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    Re: Fed Releases Discount-Window Loan Records by Court Order

    These bailouts should never had taken place.

    I don't see being oredered by the Supreme Court you have to release the records as being anywhere close to transparent.

    No one involved in this wanted to have it come into the light.
    Last edited by Councilman; 03-31-11 at 09:25 PM.

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