Bloomberg News files suit for Reserve to reveal where the bailout money went

It's nice that a news agency is doing the job we elected Congress to do but we understand that they are very busy not doing anything. To quote a dyslexic quoting Jerry Maguire: "Money. Show it to us."




Mark Pittman, an investigative reporter for Bloomberg News, had filed a Freedom of Information Act request with the Federal Reserve Board, seeking the details of its unprecedented efforts to funnel money to the collapsing banks of Wall Street. Mr. Pittman, sometimes known as Bloomberg’s Yoda for his Jedi-like command of economic issues, had quietly surmised that the Fed was holding tightly to the secrets of the bailout.

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