Does Obama favor government openness or not?

One wonders about that, when Obama financial advisor Jason Furman refuses to comment on a Bloomberg Freedom of Information Act suit designed to get the Fed to reveal who's gotten $2 trillion of Fed loans.

Even m ore, Bloomberg wants to know what was offered as collateral for all these loans. Seeing this would let the broader world know how the Fed is valuing — or possibly overvaluing — all sorts of assets at struggling financial institutions.

Bloomberg says this:

Revealing the collateral lists is “central to understanding and assessing the government's response to the most cataclysmic financial crisis in America since the Great Depression.'”

That said, Furman, presumably “not speaking” officially on Obama’s behalf, certainly isn’t alone in indicating Bloomberg and others should just “move along.”

Barney Frank is also OK with the Fed not providing the information. So is New York Fed chief, and rumored Treasury Secretary, Tim Geithner.

This certainly inspires yet more belief that Obama will be a Bill Clinton neolib.