WASHINGTON - Four times a year, a dozen bankers come to town to debate monetary policy and financial services regulation with Federal Reserve Board officials, led by Chairman Alan Greenspan.

What happens during these Federal Advisory Council meetings is a secret. They are closed to the public, and even the topics being discussed are kept under wraps. Most of the chosen bankers regard specific questions about the meetings with dread, as if they've signed a blood oath to keep their mouths shut.

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