Thursday, April 15, 2010

Lift the Fed's veil of secrecy on who got how much bailout money and why

Subject: txt crpt libs - mny -
Washington’s massive and unprecedented $3 trillion taxpayer-funded bailout of failed institutions has given rise to legitimate bipartisan concerns about the nature of the Federal Reserve Bank’s activity, especially given the impenetrable veil of secrecy under which the Fed operates.

The once clear line in America that separates the private sector from the public sector is quickly disappearing, and Washington D.C. is emerging as the financial [?!?], as well as political capital of the country.

In such a troubling climate, the need for government accountability and transparency has never been greater than it is today...

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