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Old 08-25-2009, 06:56 AM
 
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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.
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Old 08-25-2009, 09:29 AM
 
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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?
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Old 08-25-2009, 11:05 AM
 
12,869 posts, read 13,707,873 times
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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!
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