Bernie Sanders forced the Fed to release this information, which apparently was only produced after lawsuits by news organizations, Sanders website:

A Sanders provision in the Wall Street reform law already had forced the Fed last Dec. 1 to name banks that took trillions of dollars in emergency loans during the crisis.

“The Federal Reserve bailout was welfare for the rich and powerful and you-are-on-your-own rugged individualism for everyone else,” Sanders said. “The information released by the Fed today should never have been kept secret.  This money does not belong to the Federal Reserve; it belongs to the American people.  I applaud Bloomberg News, Fox News and others for their success in lifting another veil of secrecy at the Fed.”

Fed loans to Libyan controlled bank - April 1st, 2011, Senator Bernie Sanders:

MONTPELIER, Vt. (AP) -- Sen. Bernie Sanders is questioning why the U.S. Federal Reserve provided more than $26 billion in credit to an Arab intermediary for the Central Bank of Libya.

The total includes at least $3.2 billion in loans that the Fed was forced to make public Thursday in addition to earlier revelations under a provision Sanders got included in a Wall Street reform law.

Sanders is questioning why the Libyan-owned bank and two of its branches in New York were exempted from sanctions that the United States this month slapped on other Libyan businesses to pressure Col. Moammar Gadhafi's government.

Sanders is pointing to 46 emergency, low-interest loans to the Arab Banking Corp., in which the Central Bank of Libya owns a 59 percent stake.

An emergency order issued by the Fed on Feb. 25, 2011, exempted the Libyan owned Arab Bank Corporation from the recent freeze order, see pdf at link. The Fed order says:

All transactions involving banks that are owned or controlled by the Government of Libya and organized under the laws of a country other than Libya are authorized.....(except blah blah)

Rolling Stones Matt Taibbi is working on a piece on this and other Fed related issues, April 1st Taiblog:

So raise your hand if you knew that the United States has been extending billions of dollars in aid to Qaddafi and to the Central Bank of Libya, through a Libyan-owned subsidiary bank operating out of Bahrain. And raise your hand if you knew that, just a week or so after Obama’s executive order, the U.S. Treasury Department quietly issued an order exempting this and other Libyan-owned banks to continue operating without sanction.

More on this at link:

Bloomberg L.P. had sued the Fed, seeking details about the Fed's discount window lending as well as other Fed loans made during the crisis. A similar lawsuit was later filed by News Corp.'s Fox News Network LLC. Other news organizations, including The Associated Press, filed legal briefs in support.
The Fed had said that some of the information being sought was made public in December. At that time, the Fed revealed details about its crisis lending - except those involving commercial banks that borrowed from the discount window. Most of the Fed's crisis-era lending - more than $3 trillion - came through those other programs. Fed documents showed it gave trillions in emergency aid to U.S. and foreign banks as well as other companies.

It seems when Ben Bernanke and Tiny Tim have the candy jar open with taxpayer funded money, even banks controlled by repressive dictators can get their hands in the jar for 0-0.25% loans! I guess Bernanke wouldn't want to make an exception on US backed taxpayer loans for banks owned by criminals or nobody on The Street would qualify...? Denying such loans could undermine the mighty engines of capitalism and free entrprise, it might even be called anti-business, or, yes, socialist.

Qadaffi and the government of Libya were connected to and paid compensation for the terror attack that blew up Pan Am 103 in 1988, yet Libyan owned banks in the Middle East got 46 "emergency" loans!  That is Equal Opportunity, Fed Style!

All while your savings deposits get maybe 0.15% interest at your local Bank of America, and your mortgage rates go up to 6-8% or higher! Was there ever any doubt that money is not only speech, it is even more, you could say that government of the dollar, by the dollar, and for the dollar has not perished from the earth!

Qadaffi says a big 'thank you' to Bernanke and the Fed.