Bloomberg wins appeal in FOIA battle with the Fed

2 posts / 0 new
Last post
MarkM's picture
MarkM
Status: Platinum Member (Offline)
Joined: Jul 22 2008
Posts: 837
Bloomberg wins appeal in FOIA battle with the Fed

From Mish,

http://globaleconomicanalysis.blogspot.com/2010/03/victory-for-bloomberg-in-freedom-of.html

"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."

investorzzo's picture
investorzzo
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
Re: Bloomberg wins appeal in FOIA battle with the Fed

Well if it goes to the supreme court were in trouble. With rulings of letting the corporations be like citizens were om trouble. My guess it will go all the way to the top of the courts, as the FED has to much to lose by letting this info out. Where did the money really go? BIS?

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Login or Register to post comments