What's Bush hiding here? And considering how P-Oed everyone is about all this bailout nonsense, why aren't more people interested in getting this information? Once again, MSM asleep at the wheel. Do the reporter's for the MSM actually DO any actual investigating? Ever?
Fox Business Network suing Treasury
Seeking bailout documents under FOIA
By Paul J. Gough
Dec 18, 2008, 05:45 PM ET
NEW YORK -- The Fox Business Network is suing the U.S. Treasury Department in federal court under the Freedom of Information Act after the Bush administration failed to hand over details about the bailout.Fox Business Network said that the Treasury Department ignored two separate requests on what it calls "actual data" on the bailouts of American International Group and Citigroup as well as the role of Bank of New York Mellon in the government-funded bailout. Bank of New York Mellon was named the custodial firm to oversee the bailout.The data included the assets that were purchased, collateral and restrictions. But Steven Mintz of Mintz & Gold, who is representing the network, said FBN journalists have received nothing more than a form letter in response."The American public is entitled to know that information and what we'd like to get them (the Treasury Department) responding to it," Mintz said.A U.S. Freedom of Information Act request was made Nov. 25 involving AIG. A separate request Dec. 1 had to do with Citigroup."We never received a substantive response," Mintz said. "The deadlines have passed." The lawsuit is being filed in U.S. District Court for the Southern District of New York against the U.S. Department of the Treasury in Washington.On air, FBN had been threatening that they would take the Treasury Department to court. The case has been assigned to federal judge Richard J. Holwell, himself a Bush administration appointee. There is no court date set.The Treasury Department didn't return a phone call seeking comment. Mintz said that the Treasury Department would be served with the papers within a day or so.
5 hours ago