Friday, February 20, 2009
Judge Grants Freedom of Information Request from Fox - Treasury Must Provide Info on Tarp Bailout
On November 25th, Fox business network submitted a Freedom of Information Act request demanding that the Treasury Department:
Identify, among other issues, the troubled assets purchased, any collateral extended, and any restrictions placed on these financial institutions for their participation in this program.
Treasury didn't comply, and so Fox sued on December 18th.
Today, Fox won:
Judge Richard J. Holwell of the U.S. District Court for the Southern District of New York said in a decision Friday that the government is directed to comply with FOX Business’s request under the FOIA “within 30 days and to produce a Vaughn index with 45 days.”That means Treasury must comply with FOX Business’s request by Monday, March 23, and must produce a Vaughn index by Monday, April 6.
A Vaughn index details which documents have been withheld and why.
There's no word on whether or not Bloomberg's FOIA request will be granted.
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