FBN files FOIA suit over TARP (updated)
Fox Business Network has filed a Freedom of Information Act suit against Hank Paulson over the use of the TARP funds. They have requested details of purchases related to two banks, but the Treasury has yet to respond.
Good for Fox. We’re not talking about national security here. This is taxpayer money being used to support business, and as any stockholder, we have the right to know what’s going on at these companies.
Update: This is why they are suing. (H/T: Hot Air)