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Judicial Watch Files Lawsuit against Federal Reserve to Obtain AIG and Lehman Brothers Bailout Documents

Lawsuit Filed on Behalf of Former Federal Reserve Employee Seeks Information Regarding Government's Legal Basis for Financial Bailouts

Judicial Watch, the public interest group that investigates and prosecutes government corruption, announced today that it filed a Freedom of Information Act (FOIA) lawsuit on May 11 against the Board of Governors of the Federal Reserve System for documents related to the bailout of American International Group (AIG) and the bankruptcy of Lehman Brothers. The lawsuit was filed on behalf of former Federal Reserve employee Vern McKinley. The lawsuit is part of Judicial Watch’s comprehensive investigation to determine under what legal authorities and lawful rationales the federal government initiated the Wall Street bailouts.

With his March 21, 2010, FOIA request targeting information related to the AIG bailout, McKinley requested: “…any and all communications and records concerning or relating to the Board [of Governors’] decision that detail that ‘the disorderly failure of AIG was likely to have a systemic effect on financial markets that were already experiencing a significant level of fragility,’ as described in the [Board] meeting minutes.”

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meekandmild's picture





O.P.O.G.G. - Fighting the attempted devolution of the rEVOLution
Ron Paul 2012...and beyond

Very noble and right minded...

They are going to defend themselves with 13.3 and that is it. Bloomberg is where now? Congress created the fed and they can dismantle it but, they won't....

"Necessity is the plea for every infringement of human freedom. It is argument of tyrants. It is the creed of slaves." William Pitt in the House of Commons November 18, 1783
"I know major allies who fund them" Gen. Dempsey referring to ISIS