TITLE

Banking on secrecy

AUTHOR(S)
Simons, T.
PUB. DATE
December 1990
SOURCE
Washington Monthly;Dec90, Vol. 22 Issue 11, p31
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Investigates Exemption 8, the exemption in the federal Freedom of Information Act (FOIA) that allows government secrecy in relation to financial institutions. The exemption's role in the savings and loan (S&L) crisis and possibly in future bank misdeeds or failures is also discussed. Examples; Hidden questionable enforcement of S&L regulations; Difficulties reporters have in obtaining information; Failure of efforts to modify FOIA; Arguments for Congressional changes in FOIA.
ACCESSION #
9101141447

 

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