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The Federal Reserve Board refuses to disclose bailout details, Bloomberg finds
The Federal Reserve Board has refused to name the banks receiving part of $2 trillion in emergency loans. The Fed also refuses to disclose what kind of collateral was offered up for the loans, so Bloomberg News is suing to find out.
The Federal Reserve Board has refused to name the banks receiving part of $2 trillion in emergency loans. The Fed also refuses to disclose what kind of collateral was offered up for the loans, so Bloomberg News is suing to find out. But could identifying the recipients send investors into another panic?