November « 2008 « Heal the Money

Fed Refuses to Disclose Identity of Recipients of $2 Trillion in Loans

By Suzanne O'Keeffe on November 11, 2008, 3:54 pm

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Nov. 10 (Bloomberg) — 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. [snip]

Bloomberg News has requested details of the Fed lending under the U.S. Freedom of Information Act and filed a federal [...]

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