Saturday, March 20, 2010

Fed Must Disclose Bank Bailout Records

This is good news . Bloomberg reports: 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. The full article is here.

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