Despite FCIC Testimony To The Contrary, Goldman Sachs Borrowed Heavily From Fed's Discount Window

Video - Bloomberg on Goldman and foreign bank borrowing - Mar. 31, 2011

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Goldman Sachs Regularly Borrowed From 2 Different FED Emergency Loan Programs, Topping $35 Billion, Yet It Was NEVER Disclosed In Quarterly SEC Filings

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Money For Nothing: Goldman Sachs Borrowed $24 Billion From Fed At 0.0078 Percent

Editor's Note:  In light of the Goldman theft detailed in today's report, we are reposting this story from last month.

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CHART: Federal Reserve FOIA Timeline

Bloomberg highlights the FOIA non-compliance, and lack of transparency.

• FOIA Release Timeline - Bloomberg

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Libya-Owned Bank Got 73 Loans From Fed Discount Window Totaling $35 Billion At 0.25% Interest

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What Secret Is Tim Geithner Hiding About The Citigroup Bailout? The U.S. Treasury Spits On Transparency And The Grave Of Mark Pittman

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Bloomberg Infographic - Fed Discount Window

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Infographic - Federal Reserve Discount Window

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Mark Pittman Remembered: The Man Who Fought The Fed

Video - Bloomberg News reporter Mark Pittman was the first person to stand up and take on the Federal Reserve.  He died Nov. 25, 2009, at the age of 52.

This seems an appropriate time to honor the man who started the effort.

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"Who Sues the Fed And Wins? One Reporter On The Planet," Bloomberg's Mark Pittman Dies At 52

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Ford Outsells GM For First Time In A Year

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BREAKING: SEC Investigating Sokol For Insider Trading

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Warren Buffett Misses Chance to Show Moral Courage

Bloomberg

By Alice Schroeder

What were they thinking?  How could Warren Buffett excuse David Sokol’s trading in Lubrizol stock while Sokol was pitching the company to Berkshire Hathaway as an acquisition candidate?

On Wall Street, we call this kind of trading front-running, and everybody knows that it is wrong.  People get fired for doing it. 

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Libya-Owned Bank Borrowed $5 Billion From Fed

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You Won't Believe What Bernanke Said About Bailouts At His 2005 Confirmation Hearings

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