In the U.S. the Federal Reserve is refusing to disclose who has received almost $2 Trillion worth of taxpayer funded loans, or what collateral it is taking, according to Bloomberg. However, under the U.S. Freedom of Information Act the details of lending should be identified

The Federal Reserve has extended the loans under 11 different programs, including eight created in the past 15 months, in the midst of the financial crisis.

Bloomberg has filed a request for details on the lending as well as filing a federal lawsuit seeking to force disclosure. But according to Bloomberg, Federal Reserve spokeswoman Michelle Smith has refused to give comments on the loans. An e-mail with the same questions and some phone calls were also ignored.

The Fed's lending is significant because the central bank has stepped into a rescue role that was also the purpose of the $…