Pittman, the late reporter for Bloomberg News, died before his efforts to force the Federal Reserve to disclose details of its 2007-09 bailouts succeeded. But the Fed, rather than appealing to the Supremes, says it will disclose that info by Dec. 1.
I imagine that current and former bank CEOs across the country are rapidly arranging flights to non-extraditious climes.
UPDATE: My critics say I never admit when I am wrong. Well, in March I predicted that the Fed would fight this all the way to the Supreme Court. I’m delighted to announce that I was wrong.
