"The Federal Reserve has been ordered to reveal the names of companies that received emergency loans during the financial crisis, after losing a Freedom of Information Act lawsuit brought by Bloomberg News. (Check out Bloomberg's full story here.)"Will we get a list of companies whose cumulative problems run up to $2tn? If this list includes banks with solvency problems, this might have legal significance, as some banking situations are covered in specially enacted laws.
Tuesday, August 25, 2009
Court Rules Federal Reserve Must Disclose Emergency Loan Details:
Posted by Mother of All Carry Trades at 12:11 PM