1.0 link 158003 <![CDATA[Fed Official Confronted Over Bailout Spending Secrecy (VIDEO)]]> http://www.huffingtonpost.com/2009/01/14/fed-official-confronted-o_n_158003.html Where's the bailout money going? If the federal government told you, then banks might stop taking it.

That's the argument made by Federal Reserve Vice Chairman Donald Kohn in this overlooked clip from Tuesday's House Financial Services Committee hearing on the bailout funds.

In response to pointed questioning from Rep. Alan Grayson (D-Fla.), Kohn laid out the reasoning.

"I'd be very concerned, Congressman, that if we published the individual names of who was borrowing from us, no one would borrow from us," he...

]]> 2009-01-14T18:05:00-05:00