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Tuesday, September 22, 2009

Federal Reserve rejects request for public review

Federal Reserve rejects request for public review: "The institution which creates and oversees America's currency wants to keep a 'low profile,' according to a published report on Monday, and may willing to dodge the U.S. Treasury in order to do so.
According to Bloomberg News, the Federal Reserve Bank will not submit to a voluntary public study of its internal structure [...]

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This is a joke right. Geithner is asking the Fed to audit itself? Like they would? Like Geithner already knows they won't. This is just a courtesy request to appease the rest of us.