BOOYA! the judge orders transparency! (loans, financial, bank, emergency)

[floridasandy]

The Market Ticker


Aug. 24 (Bloomberg) -- The Federal Reserve must make public reports about recipients of emergency loans from U.S. taxpayers under programs created to address the financial crisis, a federal judge ruled.

Stick THAT in your pipe and smoke it Bernanke!

What our CONgress refuses to do the judiciary comes through with! Transparency - one way or another.

[Philip T]

As if the Bank will comply.

This is like a sheep judge outlawing wolves.

The wolf has no regard for the sheep's law.

Not saying it is not a needed or good thing, but what do you figure the likelihood of compliance really is?

[floridasandy]

Here Comes THE JUDGE! **UPDATED** - The Market Ticker

updated site. (he added more posts)

if the fed appeals and loses it would certainly be a good thing. as noted, it should also result in an immediate demand from Congress for all of this data as well to be provided on a public basis, both for current programs and on an ongoing, forward basis, since there is now a judicial ruling that these records are NOT exempt from disclosure.

at least it is the 1st step in the right direction!