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God bless Bernie Sanders:
A U.S. senator berated Federal Reserve Chairman Ben Bernanke on Tuesday for refusing to name banks that borrow from the central bank and introduced legislation that would require public disclosure.OH NOES!!! Poor stigmatized banks don't need the further shame!! :(((
[...]
When Sanders pressed on whether Bernanke would name the firms that borrowed from the Fed, the central bank chairman replied, "No," and started to say that doing so risked stigmatizing banks and discouraging them from borrowing from the central bank.
it points in the right direction...
Date: 2009-03-03 11:59 pm (UTC)