Friday, December 12, 2008

So much for transparency

Shh. Don't tell them the bad news.I guess we should have expected it. Government agencies are not known for being the most open of groups, but you'd think that in the case of making loans the Fed of all people would be a bit forthcoming. But to date that is not the case, which is a bit disturbing.From Bloomberg.com: Exclusive: Fed Refuses to Disclose Recipients of $2 Trillion in Lending ""The

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