Federal Reserve Board fights to keep its secrets Warns disclosing where money went would cause 'irre


	Federal Reserve Board fights to keep its secrets Warns disclosing where money went would cause 'irre

Normn8or

8-29-2009 6:07 PM

164 views

tags:

news & politics, federal reserve, fraud, theft

Normn8or says:

Full Story Here.... http://www.wnd.com/index.php?fa=PAGE.view&pageId=108262

3 Comments |

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8-30-2009 10:58 AM

jay8h

Two trillion of our money spent on who knows what, and we cannot find out how it was spent?

8-30-2009 5:07 PM

Normn8or

There is 9 Trillion Missing from the Federal reserve. http://moneynews.newsmax.com/financenews/feds_lost_nine_trillion/2009/05/12/213463.html

8-31-2009 2:22 PM

cjartists

...arguing that disclosing which banks borrowed the funds could lead to a backlash from the banks' customers and stockholders.

...which is exactly what should happen. They missed that part. If you mis-manage that badly, you deserve to have your ass whipped by the capitalist system you're trying to exploit.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/158818e8-408a-4235-9b6c-d4a5b5fdf5f3/75638315-A03A-4303-8CC2-7579571A392D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.wnd.com/index.php?fa=PAGE.view&pageId=108262" href="http://www.wnd.com/index.php?fa=PAGE.view&pageId=108262" style="font-size: 11px;">www.wnd.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wnd.com/index.php?fa=PAGE.view&pageId=108262"><FONT size="+2" face="Palatino, Georgia, Times New Roman, Times, serif" color="#000000">Federal Reserve Board fights to keep its secrets</FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wnd.com/index.php?fa=PAGE.view&pageId=108262"><FONT size="+1" face="Palatino, Georgia, Times New Roman, Times, serif" color="#000000">Warns disclosing where money went would cause 'irreparable harm'</FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wnd.com/index.php?fa=PAGE.view&pageId=108262"><FONT size="-1">Posted: August 29, 2009<BR /><DIV>12:25 am Eastern</DIV><BR /></FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wnd.com/index.php?fa=PAGE.view&pageId=108262"><P>The Federal Reserve Board, despite being ordered to disclose to whom it awarded roughly $2 trillion in discount "stimulus" loans, is fighting to keep the information under wraps as a protected "trade secret."
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wnd.com/index.php?fa=PAGE.view&pageId=108262"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.wnd.com/img/B252E91F-F6AE-4328-8468-FF3085DF114F" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wnd.com/index.php?fa=PAGE.view&pageId=108262"><P>Earlier this week, a U.S. district court judge rejected the Fed's argument that the names of borrowers are exempt from disclosure under the Freedom of Information Act and ordered the board to release the information by Monday, Aug. 31.
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