After months of asking The Federal Reserve to disclose the details of two trillion dollars in government loans to troubled financial institutions, Bloomberg News is
suing The Fed under the Freedom of Information Act. Bloomberg News editor in chief Matt Winkler says taxpayers should know where their money is going.
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Comments [13]
I really do agree that it is the tax payers right to know where the money is going. It is just a little eerie that even after all this pressure the government still has not broken out of what the money has been used for yet. Possibly something that wasn't worth it? Or something that could be a little controversial.
Nader Omar ---- MCM 101
(just download the entire show and listen to the first part, folks)
-- MAJOR props to the the Bloomberg editor for filing a FOI and sticking w the story-- THAT, of course, is the kind of journalism/effort/integrity that citizens pay for, now and forever.
Ah, but for the invisible hand to operate as Adam Smith intended there must be market transparency so the invisible hand has perfect knowledge. Treasury's opacity in this instance is an affront both to freedom of information and to free market capitalism.
Back to the subject of the segment: Haven't the Bloomberg News folks heard of the "invisible hand of the market"?
I thought it must be a joke: "If you'll stick around, I will..." But then he doesn't. ^,^;
The show stops after a minute or so. When can we expect to get the fixed feed?
Thanks Mike!
Hi all. Very sorry about the technical glitch with the podcast. Our engineers are working on it. Please check back in an hour or so. Thanks!
I could not sssssstream tour show so woe
Yes, the podcast doesn't work after the preview. I miss you guys!
I absolutely cannot get my chores done without the podcast...and I am having a party tonight. Lots of people coming. You're my only hope...
PLEASE fix it!!! I can't possibly get through weekend chores without it!
I also had trouble with this podcast after 1 minute. I was able to open it in Audacity and save it out again to fix it, but it should be re-posted.
Your podcast stops after 1 minute. I love your show and hope you can re-post it. Thanks,
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