Court Orders Federal Reserve to Disclose $2 Trillion Loan Program Details

Aug. 25 (Bloomberg) -- The Federal Reserve must for the first time identify the companies in its emergency lending programs after losing a Freedom of Information Act lawsuit.

Manhattan Chief U.S. District Judge Loretta Preska ruled against the central bank yesterday, rejecting the argument that loan records arent covered by the law because their disclosure would harm borrowers competitive positions.

http://www.bloomberg.com/apps/news?pid=20601170&sid=aw9SVqfmaiAU

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[CoinsFreedom]

Exactly. The FDIC delayed the release of the 2nd Qtr. report stating they are bankrupt again. They will release it over the weekend. Potential bank-run and subsequent "Bank-Holiday." They announce 4 or 5 bank failures every friday night after the market closes and everyone goes home for the weekend. I guess the MSM does not cover this as a matter of "National Security" or some facsimile thereof. Pretty soon CNBC/MSN/FOX will announce: There is no Santa Claus and Uncle Sam needs your IRA.

[jcrc65]

I can smell the aroma of books cooking!

[AFRIKTODAY]

End the Fed, END THE FUCKERS, END THE NAZIS, END SATAN (Even if I ain't christian)!!

[MegaJimmy777]

They already cooked the books. You think the Fed's will reveal their little Ponzi scheme? HA HA HA HA HA!!! sad but true...

[BourneAccident]

So let me get this straight.... The Fed creates the banking crisis and then we are to think they are trying to fix the crisis? The Fed sucks. Get rid of them and their fractional banking practices...

[rg2027x]

Obamas former Financial Advisor Paul Volcker recommended he temporarily 'nationalize' crooked US banks, take toxic derivatives out of banks, put them in Bankruptcy Court, which would then allow stockholders, along with US Treasury with use of PROMIS software, to identify where the proceeds from the sale of derivatives are parked, which is TRILLIONS of STOLEN US Treasury funds in secret offshore hedge funds & bank accts tied to Bush-Clinton Crime Family Syndicate + enablers: tinyurlDOTcom/4ry5d7

[rg2027x]

Behind the scenes intelligence briefings all Americans must know...the REAL facts and truth the corporate-controlled mainstream "news" media covers up: tinyurlDOTcom/4ry5d7 check it out when you have an opportunity...

[glenisah]

tears=years

[glenisah]

I wonder how many tears they will be able stall during the appeal process? I will believe it after I hear it.

[pure2warrior]

These evil scum are above any so called law those laws only apply to the debt slave population. Dont get any hopes up here. The first rule of the Rothschild family is to never disclose informationabout themselves and for sure the UnFederal Not-Reserve so called bank is a property of Rothschild

[skybirdbird]

A glimmer of hope....but wouldn't knowing who the money went to give people MORE of a sense of security that the receiving institution was ok because it was being "taken care of".......also, I thought Bernanke said the money went to foreign reserve banks when Grayson was grilling him somewhere on YT....lies, upon lies, upon misdirection...it is all just so much BS......

[CoinsFreedom]

Good job hiredgunz98. You have been on it like white on rice.