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To: Errant

They don’t publicly reveal their loans to individual banks because that sort of information is useful to shortsellers and can also result in bank runs.

Early in Fed history the Treasury held two chairs on the Open Market Committee and while that is no longer the case the Treasury should have access to the Fed’s internal numbers.


142 posted on 12/26/2013 10:53:25 PM PST by Pelham (Obamacare, the vanguard of Obammunism)
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To: Pelham

By law there are a number of things they are prohibited from revealing. Transactions with foreign banks being just one. That kind of makes me wonder why that is.


152 posted on 12/26/2013 11:08:28 PM PST by Errant
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