The Federal Reserve went as far as appealing to the US Supreme Court to keep secret the recipients of discount rate borrowings from the Fed during the height of the global financial meltdown in 2008. Traditionally there has been a stigma associated with borrowing at the discount window as it implies market sources of finds have dried up due to poor credit. If the names had gotten out in real time, credit default swaps would have exploded for every name on the list…
Expect the names to be released to read like a who’s-who of Wall Street and Main Street banking.
It will be interesting but will be of no trading value two-and-a- half-years later.