Fed will be forced to reveal certain bailout documents

Now this is awesome news. I can't wait to see the documentation. Ouch! And the timing couldn't be better. :dance: I've been wanting to see those for ages. Why have they been withheld in the first place?

myp said:

The United States Second Circuit Court of Appeals ruled today that the Federal Reserve would be required to release details on emergency lending to the financial sector beginning in late 2007. Media outlets Bloomberg and Newscorp-owned Fox wanted the information released as per the Freedom of Information Act.

reference: http://www.reuters.com/article/idUSTRE62I35320100319

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It's not my place to tell the admin what to do, but would it not make since to merge this topic with the 1 you created about the end of "bailout nation"? Ultimately, it's the same topic, just different details.

David said:

It's not my place to tell the admin what to do, but would it not make since to merge this topic with the 1 you created about the end of "bailout nation"? Ultimately, it's the same topic, just different details.

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I had a look at the "bailout nation" thread and it looks very general compared with this one that has to do with release of information on a specific bailout period. They could probably go together, but the one has to do with stopping bailouts in general, and the other about the Fed delivering specific information to the public. It is obviously up to MYP to decide since he is the author of the threads, but for what it's worth, I thought it was quite OK for the two to be separate.