In an interesting turn of events, Bloomberg News has filed a suit that would require the Fed to release details of where $2 trillion of bailout money went. Now the banks are trying to block a court order that would force release of that information. You can read all about it in this article:
Banks Threaten To Go To Supreme Court To Prevent Fed From Disclosing Details Of $2 Trillion In Bailout Loans They Received
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Tags: bailout, Bloomberg, Fed
This entry was posted on April 15, 2010 at 8:14 am and is filed under Finance and Economics, The Political Money System. You can follow any responses to this entry through the RSS 2.0 feed.
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