Monday, March 21, 2011

Fed Must Release Borrower List


SCOTUS rules that the Fed must release the names/amounts of all borrowers from the Fed's "emergency loans" and --very significant-- at its discount window.

The Fed's discount-window operations are generally boring day-to-day transactions, but since the Banks (through their 'clearinghouse' operation) fought tooth and nail to prevent disclosure, there may be some very interesting information there.

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