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D Ghost · 11-20-2008, 03:03 PM

On November 7, 2008, Bloomberg News requested details of Fed lending under the U.S. Freedom of Information Act and filed a federal lawsuit seeking to force disclosure. According to a Bloomberg News article:

"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."

It is clearly shrouded in secrecy and the public does not know whats going on as these people make a killing off taxpayers.

11-20-2008, 03:03 PM
D Ghost null Industry Role: Join Date: May 2006 Posts: 9,820	On November 7, 2008, Bloomberg News requested details of Fed lending under the U.S. Freedom of Information Act and filed a federal lawsuit seeking to force disclosure. According to a Bloomberg News article: "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." It is clearly shrouded in secrecy and the public does not know whats going on as these people make a killing off taxpayers. Last edited by D Ghost; 11-20-2008 at 03:05 PM..