Fed, forced by court, releases lending details

posted by
March 31, 2011
Posted in News

"The Federal Reserve on Thursday released the names of banks that borrowed from its main emergency lending facility during the financial crisis after having run out of legal appeals to block publication. ... The Fed was forced to disclose details of its discount window lending after the U.S. Supreme Court last week let stand a lower court ruling that it do so, an action the Fed had fought." (03/31/11)


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