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Bloomberg Sues The Fed; Transparency At The FED

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By Barry Ritholtz - November 12th, 2008, 8:30AM

Fed has learned more than %2 Trillion to troubled banks; FED rejects Bloomberg request identify loan recipients; Bloomberg news is suing the FED to force disclosure of loans; The Public doesn’t know collateral FED is accepting for loans; Analysis by Matt Wink

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Source:
Bloomberg Sues Fed to Force Disclosure of Collateral
Mark Pittman
Bloomberg, Nov. 7

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aKr.oY2YKc2g

PERMALINK
Category: Federal Reserve, Financial Press, Video.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

7 Responses to “Bloomberg Sues The Fed; Transparency At The FED”

  1. plam Says:
    November 12th, 2008 at 9:01 am

    why didn’t I think of that?

  2. jmborchers Says:
    November 12th, 2008 at 9:09 am

    Can’t do that because it will make banks panic.

  3. number2son Says:
    November 12th, 2008 at 9:15 am

    Whatever happened to pledges of increased transparency? This reads more like increased opacity, if such a thing were possible.

  4. wunsacon Says:
    November 12th, 2008 at 9:20 am

    Stop looking behind the curtain! You already know it stinks back there.

    Like the end of “The Man Who Would Be King”, Bernanke and Paulson have to bluff their way out of the temple before their secret becomes widely known. Are you guys trying to ruin it for them??

    ;-)

  5. Winston Munn Says:
    November 12th, 2008 at 10:45 am

    Rude Awakening Time – FOA doesn’t apply to a private bank.

  6. carmen101 Says:
    November 12th, 2008 at 11:38 am

    Yet another reason Bernanke is going to be stimulated to take a hike come January.

  7. the0ther Says:
    November 12th, 2008 at 2:35 pm

    i was waiting for you guys to report on this. i’d like some more analysis. this seems like an important problem.

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