Fed Must Release Loan Data as High Court Rejects Appeal
March 21st, 2011Via: Bloomberg:
The Federal Reserve will disclose details of emergency loans it made to banks in 2008, after the U.S. Supreme Court rejected an industry appeal that aimed to shield the records from public view.
The justices today left intact a court order that gives the Fed five days to release the records, sought by Bloomberg News’s parent company, Bloomberg LP. The Clearing House Association LLC, a group of the nation’s largest commercial banks, had asked the Supreme Court to intervene.
“The board will fully comply with the court’s decision and is preparing to make the information available,” said David Skidmore, a spokesman for the Fed.
Good!
Maybe Thomas and Scalia voted yes for this because their nuts are on the fire for a.) Clarence not speaking a word in 5 years and lying on his supposed “financial disclosure statement,” re his wife’s involvement with the scuse me while I barf, Tea Party (these folks are giving tea a bad name) and that b.) someone is investigating Scalia’s and Thomas’s travel records just to see how much “Tea Party,” er, that is “corporate paid travel” these shills who passed the “Citizens United” BS have been partaking of. Nice. So now we get to see a war between the Supreme’s and the Fed’s? Let’s roll.
Anyone taking bets on which radical islamist terrorist organization will blow up whatever building contains those records??