OLD Media Moves

Fox Business wins in ruling forcing Treasury to release AIG info

November 28, 2012

Posted by Chris Roush

A federal judge ruled the Treasury Department must turn over documents related to the government’s bailout of insurer AIG to Fox Business Network, reports Chris Ariens of TVNewser.com.

Ariens writes, “Fox Business has already gotten access to some documents — largely with redacted information — which led them to report on how Treasury was concerned about the issuance of bonuses for AIG executives. It also disclosed that Treasury officials considered letting AIG file for bankruptcy protection.

“Once FBN gets its hands on the new documents, the network hopes to report an even clearer picture of the communications between Treasury and AIG on issues including compensation, requests from the media, dealings with Congress and investor relations.”

Read more here. Fox Business had originally filed a Freedom of Information Act request for the information in 2008.

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