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Sunday, April 17, 2011

Website to shed details the FED hid about the $3.3 trillion financial industry bailout

Federal Reserve Documents: LIVE Updates

Fed

First Posted: 12/ 1/10 12:23 PM Updated: 02/ 5/11 04:02 PM

The Federal Reserve has just released a vast trove of documents that detail a massive $3.3 trillion dollar aid program offered to the financial industry during the height of the financial crisis. Until now, the details of the program have been kept secret. But, thanks to a lawsuit from Bloomberg News and Congressional action, the details have now been made public.

As the financial community and press sift through the details of the 21,000 transactions from six loan programs, we'll be frequently updating this live blog.

Check back here for more updates on the Federal Reserve's latest document dump.

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