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FDIC, OTS Not Cooperating with Media Investigations
The Big Picture ^ | December 14th, 2009, 7:27AM | Barry Ritholtz

Posted on 12/17/2009 3:49:16 AM PST by PaulAllen

The Puget Sound Business Journal has done yeoman’s work investigating the storied history of WaMu. (See The Rise & Fall of WaMu and The Last Days of WAMU).

I just found their most recent work, The fight for WaMu documents. It details some of the more absurd redactions that were made to the documents they requested of the Office of Thrift Supervision (OTS) under the U.S. Freedom of Information Act (FOIA) regarding communications between WaMu’s regulators.

The redactions were rather absurd:

Bair emails2

Bair emails4

And my personal favorite:

Bair emails5

So much for more transparency under the new Adminsitration . . .


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: fdic; ots; transparency

1 posted on 12/17/2009 3:49:17 AM PST by PaulAllen
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