Economy – “The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral.” These loans from the central bank do not have the same oversight stipulations as the 700 billion stimulus package approved by Congress, and they are refusing to make public the recipients for fear of fear; that is, they are concerned that panic would ensure if the public knew which banks were in so much trouble.
