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Federal Reserve Takes A Page From Goldman Sachs’ Playabook

If you’re a person who’s living in the past, you were probably very excited to hear that the Federal Reserve would today be releasing secret loan documents detailing who was in some trouble several years ago and who was in some big trouble, in case you were unable to hazard a guess. The Fed originally wasn’t going to share any information, having denied Bloomberg’s request for the details almost three years ago, but was forced to do so under court order. They really didn’t want to but after the Supreme Court said last month they must, everyone came around and said you know what? Sure thing. Happy to do it. You want documents? You’re gonna get ‘em. EVERY SINGLE ONE.

Liking the move Goldman pulled when it sent the Financial Crisis Inquiry Commission thousands upon thousands of documents last year to wade through, some of it germane to the situation, some of it CFO David Vinair sending links to himself from Bon Appetit‘s website for butter pecan ice cream recipes so he wouldn’t forget, the Fed sent Bloomberg and various other news organizations two CD-ROMS containing 894 PDF files and over 25,000 pages of information. Happy hunting.

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15 Responses to “Federal Reserve Takes A Page From Goldman Sachs’ Playabook”

  1. Former Lehman Quant says:

    “….some of it germane to the situation….” So, the hint is hat Deutsche Bank was involved in some alleged way??

  2. Guest says:

    so Fed is doing God

  3. PasteSpecialFormats says:

    It was all a response to basically being called a also-ran pussy by The Maestro.

    [Ben to himself in a mirror]: “Oh yeah, you think you’re so bad, blowing up the world and shitting all over our ideas? Well watch this, because I’m going to give world some fuckin’ reading material.”

  4. PasteSpecialFormats says:

    It was all a response to basically being called a also-ran pussy by The Maestro.

    [Ben to himself in a mirror]: “Oh yeah, you think you’re so bad, blowing up the world and shitting all over our ideas? Well watch this, because I’m going to give world some fuckin’ reading material.”

  5. TexasBigAIDS says:

    That’s cheating, Fed. I’m taking my marbles and going home.

    Lil Macke

  6. TexasBigAIDS says:

    That’s cheating, Fed. I’m taking my marbles and going home.

    Lil Macke

  7. Guest says:

    This happens all the time around here…

  8. Tulsa Trader says:

    _If you ain’t cheatin’, you ain’t tryin’ hard enough_

  9. LUcky Lloyd B. says:

    CTRL+ F will be the undoing of the feds stupid antics

  10. Charles Amerigo Gasparino says:

    Germane Jackson is a friend of mine.

  11. Charles Amerigo Gasparino says:

    Germane Jackson is a friend of mine.

  12. The Honester says:

    ^i^This requires honesty^/i^

  13. Anonymous says:

    At least they didn’t put it all in a fcking ten inch binder this time.

    -Lloyd Blankfein

  14. Homosaurus says:

    So Gary Cohn committed perjury?