When is a Federal Reserve public comment period not public?
When banking law insider H. Rodgin Cohen says so, he seems to feel. In a February 17 letter copied to the Fed's general counsel Scott Alvarez, H "Can We Call You Rodge" Cohen urges the Fed to disregard a timely comment on lending disparities and other irregularities, arguing that the comment period was only open due to a "technicality."
While some would think this beneath ol' Rodge, perhaps Sullivan & Cromwell markets him as truly full service...
-on behalf of Inner City snark
