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Bloomberg News sues Fed for transparency on $2 trillion in loans

Submitted by PA4Liberty on Tue, 11/11/2008 - 09:02

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Fed Defies Transparency Aim in Refusal to Disclose

Nov. 10 (Bloomberg) -- The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.

Continued here...

http://www.bloomberg.com/apps/news?pid=20601087&sid=aatlky_c...

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