Financial Crisis Timeline
The St. Louis Federal Reserve Bank regularly updates its "Timeline of Events and Policy Actions" on the financial crisis. Writes St. Louis Fed President James Bullard:
The Federal Reserve and other agencies have taken many steps to contain the ongoing financial crisis and limit its impact on the broader economy. It is critically important that we clearly communicate our actions to better ensure their success. This web site was created to provide the public with useful information about major financial events and policy actions, both over the past months and going forward.
I'd be more impressed if news organizations didn't have to sue the Federal Reserve to find out what's happening with the taxpayers' money. Mr. President, this is one place in sore need of that new transparency you've talked about.

0 comments:
Post a Comment