Transparency Update

[CrusaderFrank]

Fox News appeals ruling for U.S. Fed over bailout
Wed Sep 9, 2009 7:05pm EDT

UPDATE 1-Judge puts US Fed's bailout revelations on hold
Friday, 28 Aug 2009 06:46pm EDT

* Fed had said disclosure could hurt banks, economy

"NEW YORK, Sept 9 (Reuters) - Fox News Network LLC on Wednesday appealed a U.S. judge's decision not to force the U.S. Federal Reserve to reveal the names of participants in its emergency lending programs."

Fox News appeals ruling for U.S. Fed over bailout | Industries | Financial Services & Real Estate | Reuters

See, American citizens don't actually own their money, they just keep whatever the Gubbamint allows so why should the Fed disclose anything?

 

[MaggieMae]

I don't get what kind of infomation they're looking for. A list of all banks who took "bailout" money is available at a number of sites.

Bailout Recipients | Eye on the Bailout

 

[CrusaderFrank]

I don't get what kind of infomation they're looking for. A list of all banks who took "bailout" money is available at a number of sites.

Bailout Recipients | Eye on the Bailout

Actually, the Fed has "Off books" lending that went into multi-TRILLION dollars. Even Democrats can agree that's real money (hopefully)

 

[MaggieMae]

This is interesting stuff. Here is the court decision in the Bloomberg case, which at the outset gives a brief overview of the Federal Reserve Board and the Federal Reserve Banks and their respective functions. Note starting on page 3 that the Banks do not operate on any money appropriated by the US Government.

Bloomberg FOIA Lawsuit Decision