Battle Over the Bailout

[elleng]

'THE critical lawsuit challenging that mystery of finance known as the Bailout started, oddly enough, with a casual newsroom chat. . .

'What’s with your FOIA?’ And Mark says — he used some colorful language — ‘They won’t answer us.’ ”

“That was when we all sat down and said, ‘So what do we do? They can’t just get away with not answering us,’ ” Ms. Bennett recalled. “Charles said, ‘You know, I suppose we could just sue the Fed.’ So we went to Matt” — Matthew Winkler, Bloomberg’s executive editor — “and said, ‘What do you think about us suing the Fed?’ ” As she recounted this story, Ms. Bennett punched her left palm with her right fist — precisely, she explained, as Mr. Winkler had. She added, “He loved it.”'

http://www.nytimes.com/2010/02/14/nyregion/14fed.html?pagewanted=1&th&emc=th