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Fed Refuses to disclose Recipients of $2 Trillion

Posted on December 13, 2008 by Sabine Kurjo McNeill

The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from US taxpayers and the assets the central bank is accepting as collateral. Bloomberg filed suit Nov. 7 under the US Freedom of Information Act requesting details about the terms of 11 Fed lending [...]

Filed under: Federal Reserve, Lending programs, United States | Tagged: Bloomberg, Federal Reserve, Freedom of Information Act | Leave a Comment »

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