In Case You Missed It: Fed Bank Data Released
January 3, 2012 1 Comment
While many people focused more on family reunions than the Federal Reserve, late last month Bloomberg News released the data on which banks received overnight loans from the Fed during the financial crisis that peaked in 2008. Release of this data was a hot topic during the debate over the Dodd-Frank financial reform package. Bloomberg News had sued for the data, and Congress wrote in a two-year delay on disclosing the data under FOIA.
Anyone interested in analyzing the data should read this helpful primer from Bloomberg News on the key numbers that have been the focus of controversy.