HUGE NEWS ! FED Must Disclose Bank Bailout Records 3-19-10

0 votes

March 19 (Bloomberg) --

The Federal Reserve Board must disclose documents identifying financial firms that might have collapsed without the largest U.S. government bailout ever, a federal appeals court said.
The U.S. Court of Appeals in Manhattan ruled today that the Fed must release records of the unprecedented $2 trillion U.S. loan program launched primarily after the 2008 collapse of Lehman Brothers Holdings Inc. The ruling upholds a decision of a lower-court judge, who in August ordered that the information be released.

Full Story Here:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aB3yIaXa...

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

CNBC Fed Shills

How many years will it take

How many years will it take to get through the Supreme Court?

...sorry, more

"The Fed had argued that disclosure of the documents threatens to stigmatize borrowers..."

Well, DUH! By Ben's logic, all failing corporations should be allowed to 'fudge' their 10Qs so they are not 'stigmatized' on the NYSE.

Think how much better off we'd all be if FASB had not 'stigmatized' ENRON..

This is...uh...let me think this through

Heads: Fed releases names of NY Banks on the dole (we win)

Tails: Fed Gives the finger to the Court giving us one more bullet for our chamber (we win)

...or the third option which is the Fed just doctors the release to make it look benign (which is what I think they'll do)

Dream on

Won't happen. The only ones wanting this to happen is the general population. When's the last time they cared what we wanted ? Your more likely to get results from "male enhancement pills"

Not true. The globalists

Not true. The globalists also want to see the Fed fail so they can replace it with their world currency.

There are many international powers that want to see the Fed fail.

Who's taking bets...

...this never happens.

Did you read the article?

It will most likely go to the Sepreme Court. But its a good sign for us!

"Do you want to know who you are? Don't ask. Act! Action will delineate and define you."
Thomas Jefferson

www.LibertySpammer.com

and when you can print all

and when you can print all the money you want ...you can buy off anyone you want. And we know how liberty minded the supreme court judges are.

Life is good!

:)

"First they ignore you, then they laugh at you, then they attack you, then you win!"
GANDHI

A-ha!

Anything leaning on the verge of collapse, deserves a good push. :-)

For an informed citizenry, individuals must discard the television set in favor of the acquisition of information via either books and/or the internet. An uneducated populous will remain in ignorance and thus continue to suffer the sharp ax of tyranny.