Fed Loses Appeal and Must Disclose Information on Bailouts

Filed under: Law, Money and Finance Today, Politics, Headline News, Federal Reserve

Over a year ago, two Bloomberg LP reporters filed under the Freedom of Information Act to obtain information from the Federal Reserve on their bailout activities during the market crash of 2008-09. The Federal Reserve has blocked their attempts maintaining that disclosure would harm the financial institutions involved. The latest attempt at blockage was at the US Court Appeals Court.

Continue reading Fed Loses Appeal and Must Disclose Information on Bailouts

Fed Loses Appeal and Must Disclose Information on Bailouts originally appeared on BloggingStocks on Mon, 23 Aug 2010 16:40:00 EST. Please see our terms for use of feeds.

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Federal Reserve System - Bloomberg LP - Freedom of Information Act - Finance - BloggingStocks

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