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Fed Misses Investigation Deadline On "Inadvertent" Release Of March Minutes

Tyler Durden's picture




 

It appears the Federal Reserve's has not had enough time to figure out just who to blame or how to wriggle out of the situation that the March minutes were prematurely released to pretty much everyone that matters in the TPTB. As Reuters reports, the Fed's Office of Inspector General said it would miss the deadline on the investigation - offering no reason why the deadline will be pushed back three months.

 

Via Reuters,

In a slip the Fed said was accidental, a member of staff emailed minutes of its March policy meeting to over 100 congressional staffers and bank lobbyists on Tuesday, April 9, around 24 hours ahead of the scheduled release.

 

...

 

The Fed's Office of Inspector General said it pushed back the completion date of the probe until end-September from the end of second quarter. It made the disclosure in a regular update of work in progress.

 

Officials in the inspector general's office were not immediately available to clarify why the date was pushed back three months.

 

The Inspector General is looking into how the minutes are distributed to staff and to "evaluate the Board's management controls to prevent the early release."

 

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Fri, 06/21/2013 - 15:16 | 3680260 The Master
The Master's picture

That's good enough for me.

 

/SARC

Fri, 06/21/2013 - 15:18 | 3680269 FL_Conservative
FL_Conservative's picture

That's so they can report the results of the investigation to TPTB first.

Fri, 06/21/2013 - 15:24 | 3680292 ZerOhead
ZerOhead's picture

Harder to explain is the header that came with the leaked information;

Esteemed Bankers and Members of Congress... Enjoy your confidential March minutes preview before they are released tomorrow.

Fri, 06/21/2013 - 15:25 | 3680302 The Juggernaut
The Juggernaut's picture

So they just said "No comment."

Fri, 06/21/2013 - 15:21 | 3680282 smlbizman
smlbizman's picture

inspector gadget........

Fri, 06/21/2013 - 15:24 | 3680290 CPL
CPL's picture

...never without her permission.

Fri, 06/21/2013 - 15:32 | 3680331 Schmuck Raker
Schmuck Raker's picture

<rim shot>

Fri, 06/21/2013 - 15:22 | 3680283 HelluvaEngineer
HelluvaEngineer's picture

Maybe because after the impending engineered collapse no one will care anymore? Or could it be that the American public has an attention span of 15 minutes?

Fri, 06/21/2013 - 15:28 | 3680309 Bangin7GramRocks
Bangin7GramRocks's picture

I could've written that report in 1 minute. It would read, "FUCK YOU. Any problem with that, TOUGH TITTY."

Fri, 06/21/2013 - 16:18 | 3680534 Dingleberry
Dingleberry's picture

Don't worry......our intrepid, investigative financial media is all over it.

Fri, 06/21/2013 - 16:30 | 3680575 Midasking
Midasking's picture

F all these people and their criminal behavior ponzi scheming BS....http://tinyurl.com/mem7o7x  I'VE HAD IT!

Fri, 06/21/2013 - 15:17 | 3680264 SpiceMustFlow
SpiceMustFlow's picture

well fuck my ass, I expected them to be honest and forthright...

Fri, 06/21/2013 - 15:19 | 3680272 ragemachinest
ragemachinest's picture

Buy some time, hide your crimes, good to go, but not to jail.

Fri, 06/21/2013 - 15:19 | 3680275 JJ McApe
JJ McApe's picture

Central Banks have control of the margins. If the market wants to do something it will, regardless of what Bernanke and/or Draghi wants it to do. This is precisely an example where Ben said what everyone expected, and the Market just took over and decided it would go down.

Having said that, they can artificially create problems.

Fri, 06/21/2013 - 15:20 | 3680277 Martdin
Martdin's picture

Ehh... I'll get to it when I get to it... - FED

Fri, 06/21/2013 - 15:21 | 3680281 timbo_em
timbo_em's picture

Too busy watching porn?

Fri, 06/21/2013 - 15:25 | 3680299 Dr. Engali
Dr. Engali's picture

I heard that if you ignore something long enough it eventually goes away.

Fri, 06/21/2013 - 16:32 | 3680584 DaveyJones
DaveyJones's picture

True for Empires & their Bill of Rights

Fri, 06/21/2013 - 15:26 | 3680300 FiatFapper
FiatFapper's picture

ZH continues to vilify the sacrosanct USA because they proclaim "the greatest nation", "World series [insert sport]", "justice & freedom", etc

These proclamations are oxymoron's as american 'justice' is full of corrupt cunts who obfuscate top-tier theft and stomp across the oil-rich deserts with their military might in the name of 'freedom'.

I look forward to the day when america is brought down a few pegs where it belongs and idiots feel shame when they chant USA-USA-USA, as their once smitten pride will become a vapid stench of humbled embarrassment as they realise they're thugs who've been pwned by their own greed and contempt.

Fri, 06/21/2013 - 15:39 | 3680359 Harry Quant
Harry Quant's picture

Nice eye symbolism in the pic for this article. Coincidence?

Fri, 06/21/2013 - 15:47 | 3680399 Cacete de Ouro
Cacete de Ouro's picture

They should have just read this, and talked to a few people; investigation would be over in a week - FOMC Security Program

http://www.federalreserve.gov/monetarypolicy/files/FOMC_InformationSecur...

Corrupt bastards, a total political coverup... US corporate world style

Fri, 06/21/2013 - 15:55 | 3680439 Pairadimes
Pairadimes's picture

Three months is a long time in the world of the Fed right now.

Fri, 06/21/2013 - 15:57 | 3680447 thisandthat
thisandthat's picture

 

Fed Misses Investigation Deadline On "Inadvertent" Release Of March Minutes

 

"Inadvertently", of course.

Fri, 06/21/2013 - 16:02 | 3680464 MarsInScorpio
MarsInScorpio's picture

It really is true - the whole bunch are pathological liars.

 

Let me see if I can understand this: they can't figure out who sent out the memo 1-day prior to its release time.

 

As if there are no logs to tell them who sent it out.

 

Well, now that we know the NSA has the dirt on everyone who is anyone in America, does it surprise you that no one is raising a fuss about it?

 

This, for all the idiots who don't get why what the NSA is doing matters, is why it matters. The NSA, with its FBI and CIA hit men, now calls the game.

-30-

Fri, 06/21/2013 - 16:49 | 3680637 Goldilocks
Goldilocks's picture

Hitman Absolution Full Movie 2013 All Cutscenes Storyline HD
http://www.youtube.com/watch?v=uwn24zr4Um0 (1:25:44)

Fri, 06/21/2013 - 18:00 | 3680789 Richard Whiskey
Richard Whiskey's picture

Don't see how this is relevant considering they can get away with insider trading. Nothing new yet people expect answers.

Fri, 06/21/2013 - 22:31 | 3681318 Colonel Klink
Colonel Klink's picture

Criminals!  We'll wait for Eric "place" Holder to bring charges since he's the attorney general and upholds the law.

/SARC

Sat, 06/22/2013 - 10:11 | 3681801 involuntarilybirthed
involuntarilybirthed's picture

And while they investigate that throw in an investigation of who benefitted from the last to "taper" comments that Bernankeh knew would send the markets reeling.   The last one was complete aside from the official Fed statement. 

Wed, 06/26/2013 - 08:29 | 3694119 lmile61
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