Posted on 08/26/2010 7:34:04 AM PDT by george76
The Federal Reserve has asked a U.S. appeals court to delay disclosure of emergency lending provided to banks during the crisis...
Is the financial system still not strong enough for the market to know the truth? The view seems to be that we're not ready. Thing is, longer-term the markets would probably be better off if they weren't denied this basic information -- Such as which banks received more or less support from the government ...
(Excerpt) Read more at businessinsider.com ...
EGGZAKTLEE
And then delay it for another two years after that, and then delay it for another...
Letsee....aug. sept. oct. NOV!
Yup friggin figures.
It is time for the Fed to be audited, and perhaps disbanded.
Fixed.

In other words until after the election.
Doesn’t it comfort you to know the Fed is an “independent” agency free of any political influence?
The banks knew before they took the money that it would become public knowledge. So did the Federal Reserve.
The leaders of these institutions need to behave like adults and play by the rules.
How about all the loans these bad banks made? some are one branch banks. Some in rural farm areas or small towns. This delay is just cover to allow big bank takovers.
These small banks are so restricted they are prohibited from helping their customers rewrite loans.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.