Bloomberg filed a FOIA request yesterday for the list of what was covered by the Citigroup and Bank of America guarantees. Bloomberg asked for records on the fees paid by banks to the government, which securities were rejected for guarantees, as well as any contracts for data services and experts to assess the value of the securities.

Under the information law, passed by Congress in 1966, Treasury has 20 working days to respond to Bloomberg's request. The measure allows nine exemptions, such as trade secrets or national security, for blocking disclosure.

But that's way after this FTA:

Bloomberg News asked the Treasury Department Jan. 26 to disclose what securities it backed over the past two months in a second round of actions to prop up Bank of America Corp. and Citigroup Inc. Department spokeswoman Stephanie Cutter said Jan. 27 she would seek an answer. None had been provided by the close of business yesterday.

Fark Bloomberg.

Maybe if they had been doing their jobs as analysts and journalists we might have seen the bubble coming. Instead they played the part of Wall St. mouthpieces, They told us to keep buying long after they should have known better. They all did. Traitors.

So color me surprised that they publish a piece that implies that Obama is somehow hiding something.