Appeals Court Refuses to Review Fed Request to Stop Bailout Disclosure

A U.S. appeals court refused to reconsider a ruling that requires the Fed to disclose documents identifying financial firms that might have failed without the largest U.S. govt bailout. The U.S. Court of Appeals in New York, in a docket entry dated Aug. 20, denied a May 4 request by the Fed to review its unanimous March 19 decision requiring the agency to release records of the unprecedented $2 trillion U.S. loan program begun primarily after the 2008 collapse of Bear Stearns Cos.- Bloomberg

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.