Judicial Watch • Judicial Watch v. Department of the Treasury (No. 09-152)

Judicial Watch v. Department of the Treasury (No. 09-152)

Judicial Watch v. Department of the Treasury (No. 09-152)

Last Updated: December 15, 2011

Synopsis

On October 13, 2008, the Treasury Department hosted a meeting of the CEOs of nine major banks to coerce them into accepting the U.S. government’s $250 billion equity stake. Following a Judicial Watch Freedom of Information Act (FOIA) request, the Treasury Department replied that it had no relevant documents. When a FOIA lawsuit was filed, the Treasury was forced to produce documents which showed that the banks were forced to accept government funds.

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