Federal Reserve Fighting Transparency
Given the enormous costs and burdens currently being borne by the American taxpayer during this financial crisis, are taxpayers supposed to blindly trust the Federal Reserve? Kudos to Bloomberg News for doggedly pursuing increased transparency on behalf of the Fed. Bloomberg reports, Federal Reserve Says Disclosing Loans Will Hurt Banks : The Federal Reserve argued yesterday that identifying the financial institutions that benefited from its emergency loans would harm the companies and r
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Tags: Bank, Federal Reserve, Loan