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Old 03-20-2010, 02:25 PM   #209
peaceandlove
Avalon Senior Member
 
Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
Default Re: HR 1207 UPDATES "The Federal Reserve Transparency Act"

Some good news as posting at the original PA nears the end.

Blessings to all at the new PA forum.



"Fed loses appeal; must disclose bailout details"

Posted by Andrew Ward on 03/19/10 3:47 PM

Score one for the good guys. Here's the story from MarketWatch:

Quote:
WASHINGTON (MarketWatch) - The Federal Reserve will be required to identify the names of banks that could have collapsed if not for the central bank's emergency lending, a federal appeals court said Friday. The U.S. Court of Appeals for the Second Circuit in New York ruled on Friday that the Fed needs to disclose documents in response to Freedom of Information Act requests by Bloomberg L.P. and other news organizations. "We are reviewing the decision and considering our options for reconsideration or appeal," said Fed spokeswoman Barbara Hagenbaugh.
Read the post here: http://www.marketwatch.com/story/cou...ils-2010-03-19

SOURCE: http://www.campaignforliberty.com/blog.php?view=33738
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