Wednesday, September 29, 2010

The Dirt's Coming Out

Ben Bernanke testimony today:

Under a framework established by the [Dodd-Frank]act, the Federal Reserve will, by December 1, provide detailed information regarding individual transactions conducted across a range of credit and liquidity programs over the period from December 1, 2007, to July 20, 2010. This information will include the names of counterparties, the date and dollar value of individual transactions, the terms of repayment, and other relevant information


  1. "It will, of course, be covered in big, black REDACTED bars. But, it'll be there. Yahuck, yahuck, yahuck!"

  2. I agree with Taylor Conant. This has got to be a highly "sanitized" version of the actual records. I have trouble believing the Fed would fight Paul's audit bill and then lay down for this.