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Economic Collapse: Loan Details disclosed by the Federal Reserve

http://econochristian.com 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. The Fed has refused to name the financial firms it lent to or disclose the amounts or the assets put up as collateral under 11 programs, most put in place during the deepest financial crisis since the Great Depression, saying that doing so might set off a run by depositors and unsettle shareholders. Bloomberg LP, the New York-based company majority-owned by Mayor Michael Bloomberg, sued on Nov. 7 on behalf of its Bloomberg News unit. Федеральная резервная система должна впервые определить компании в своих программах кредитования чрезвычайных потеряв свободу информации иска акт. de la Reserva Federal debe, por primera vez identificar a las empresas en sus programas de préstamos de emergencia después de perder una demanda de información la libertad de actuar. La Federal Reserve deve per la prima volta identificare le imprese nei suoi programmi di prestito d'emergenza dopo aver perso una libertà di azione legale information act.

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Added: Aug-28-2009 
By: captpln8
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Tags: nwo, federal reserve, dump
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