Firms managing $500B for Fed mum on their pay.

Pic from Bailout Sleuth website.

TPM:

In a process one observer described as "incredibly opaque," the Fed selected four investing giants this week to manage a total of $500 billion in mortgage-backed securities purchases the Fed will make by June. But the four firms -- and the Fed -- still haven't said how much they're getting paid, TPMmuckraker reports.

Update:Bailout Compensation Redacted From Docs

Update 2: Treasury Law Firm's Pay Not Revealed