Federal Reserve Ordered to Turn Over Data on Bailout Loans

The Federal Reserve has been ordered by a US judge to release records about emergency loans to investment banks and other financial institutions during the height of the economic meltdown.

Southern District of New York Judge Loretta Preska granted a request from the Bloomberg organization under the Freedom of Information Act in Bloomberg L.P. v. Board of Governors of the Federal Reserve System, 08 Civ. 9595.

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