What’s the Fed Hiding?

January 12, 2010

Federal Reserve Bank HQ
The Federal Reserve has asked a U.S. appeals court to block a Freedom of Information Act (FOIA) request by leading media outlets seeking the identities of financial institutions that would have failed without the massive bailout by the federal government. A lower court judge has already ordered the Fed to disclose the information.

What does the Fed have to hide? And what do the big bankers and Wall Street titans who are the real masters of the Fed and who benefited from the bailout have to hide?

Read more at Bloomberg.com.

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