[lbo-talk] Fw: Bloomberg FOIA results

Chuck Grimes c123grimes at att.net
Mon Nov 28 18:33:17 PST 2011



> This is from a list that tracks FOIA issues; the first article starts
> with:
>
>>>> The Federal Reserve and the big banks fought for more
>>>> than two years to keep details of the largest bailout
>>>> in U.S. history a secret. Now, the rest of the world
>>>> can see what it was missing.
>
> ---
>
>> Bloomberg's FOIA (and subsequent lawsuit) of bank bailouts from the
>> Fed has paid off:

Pretty amazing. Through the backdoor the Fed was sending freemoney to back fill the books, while TARP was `loaning' them money through the front door.

CG



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