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The British Tradition Of Principles Based Regulation (Like The Principle Of "You'll Keep Your Mouth Shut If You Know What's Good For You")

Presented without comment:

The Bank of England has imposed a permanent news blackout on its £50bn-plus plan to ease the credit crunch.
Requests under the Freedom of Information Act are to be denied. Details will be kept secret even after 30 years - the period after which all but the most sensitive state documents are released.
Any Bank of England employee leaking the names of institutions involved will face court action for breach of contract.

(Oh, ok, one comment: How the hell do you meet a reporting requirement if you can't disclose your sudden 3 billion GBP liquidity injection?)

Bank Bail-Outs To Be Kept Secret
[This Is Money via Typically Clever DB Commentary]