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Fed Loses Appeal and Must Disclose Information on Bailouts

Over a year ago, two Bloomberg reporters filed under the Freedom of Information Act to obtain information from the Federal Reserve on their bailout activities during the market crash of 2008-09. The Federal Reserve has blocked their attempts maintaining that disclosure would harm the financial institutions involved. The latest attempt at blockage was at the U.S. Court Appeals Court.

Continue reading Fed Loses Appeal and Must Disclose Information on Bailouts

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Last updated: May 26, 2012: 05:35 AM

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