Old Project Avalon Forum (ARCHIVE) - View Single Post - HR 1207 UPDATES "The Federal Reserve Transparency Act"

peaceandlove · 03-05-2009, 08:47 PM

Fed Refuses to Release Bank Data, Insists on Secrecy

By Mark Pittman and Craig Torres

Banks oppose any release of information because that might signal weakness and spur short-selling or a run by depositors, the Fed argued in its response.

Complete article: http://www.campaignforliberty.com/wire.php?view=3188

03-05-2009, 08:47 PM	#7
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Fed Refuses to Release Bank Data, Insists on Secrecy Fed Refuses to Release Bank Data, Insists on Secrecy By Mark Pittman and Craig Torres *Banks oppose any release of information because that might signal weakness and spur short-selling or a run by depositors, the Fed argued in its response.* Complete article: http://www.campaignforliberty.com/wire.php?view=3188