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Thursday, August 27, 2009
11:46 AM TweetThis
  • Banks who will be fingered if the Fed is forced to divulge where its money has gone over the past year are none-too-happy: "The Court's Order threatens to impair the ability of our members to access emergency funds through the NY Fed's Discount Window without suffering the severe competitive harm that public disclosure of their identity will cause," they say in a declaration filed yesterday.
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This news story has 11 comments:

  •  
    If they are asking for food stamps, and receiving food stamps, they should tell us this.
    Aug 27 11:50 AM | Link | Reply
  •  
    Why do they fear the truth. A little sunshine never hurt anyone. Hiding it will only make exposure a worse sun burn on the fat lilly white soft under bellies on the scummy banksters.

    Burn baby burn.
    Aug 27 11:50 AM | Link | Reply
  •  
    "The Court's Order threatens to impair the ability of our members to access emergency funds through the NY Fed's Discount Window without suffering the severe competitive harm that public disclosure of their identity will cause," they say in a declaration filed yesterday.

    And what the hell is wrong public disclosure and the resulting competitive harm? What has happened to our competitive free market and TRANSPARENCY? These Banks and the FED are out of control and I sincerely hope the judge follows through on his 5 day deadline. This is a very important decision.
    Aug 27 11:55 AM | Link | Reply
  •  
    Are they saying they won't go to the 'welfare window' if they have to face the humiliation of doing so? Do these guys need the money or don't they?
    Aug 27 12:00 PM | Link | Reply
  •  
    I have no faith in the Fed or Treasury. Bernanke, Paulson and now Geithner continue to greese the palms in their "circle of friends". This has to stop in order for anyone to have confidence in the US financial system. When you have the French calling for an alternative reserve currency to the dollar it shows what a sorry state of affairs things have become. It's like the Mountain West Conference saying we need an alternative to the BCS rankings....
    Aug 27 12:13 PM | Link | Reply
  •  
    On Aug 27 12:13 PM cabanker wrote:
    It's like the Mountain West Conference saying
    > we need an alternative to the BCS rankings....

    Or like the administration / government / (GS) saying swiss banking information on depositors should be public information, but my boys at the Fed need their lending, (spending) activities kept private.
    Aug 27 12:26 PM | Link | Reply
  •  
    Yes disgusting. Would it be exaggerating to say we moved right past socialism and communism to a monarchy that does what ever the f$%% they want. Where is the outrage? What will it take to wake people up?


    On Aug 27 12:26 PM Boxed Merlot wrote:

    > On Aug 27 12:13 PM cabanker wrote:
    > It's like the Mountain West Conference saying
    Aug 27 12:33 PM | Link | Reply
  •  
    I am going to use this line on my tax return.....Dear Obama ..I can´t show you what I made because it might embarrass me and put me at a disadvantage to all the other people that get free stuff from you.....and that is not right..
    Aug 27 12:47 PM | Link | Reply
  •  
    Everyone who does evil hates the light, and will not come into the light for fear that his deeds will be exposed.

    How true....
    Aug 27 01:59 PM | Link | Reply
  •  
    What is their problem? We all know that they are stable and profitable after they passed that rigorous stress test! LOL
    Aug 27 04:29 PM | Link | Reply
  •  
    If they can pry their way into UBS AG (UBS) accounts, then it is only fair that US taxpayers can get a look at the trail of money to US banks.
    Aug 27 06:59 PM | Link | Reply
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