{"id":1157,"date":"2008-12-19T11:09:19","date_gmt":"2008-12-19T19:09:19","guid":{"rendered":"http:\/\/www.newscorpse.com\/ncWP\/?p=1157"},"modified":"2008-12-19T16:13:54","modified_gmt":"2008-12-20T00:13:54","slug":"fox-business-network-sues-u-s-treasury","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=1157","title":{"rendered":"Fox Business Network Sues U. S. Treasury"},"content":{"rendered":"

The U. S. Department of the Treasury is taking on friendly fire. The Fox Business Network has just announced that they are suing them to force the disclosure of information about the Wall Street bailout and how the funds are being used. FBN filed a Freedom of Information Act request last month, but the Treasury’s failure to respond has prompted this more aggressive action. In a press release<\/a>, FOX News Executive Vice President, Kevin Magee, said…<\/p>\n

“The Treasury has repeatedly ignored our requests for information on how the government is allocating money to these troubled institutions. In a critical time like this amidst mounting corruptions and an economic crisis, we as a news organization feel it’s more important than ever to hold the government accountable.”<\/span><\/p><\/blockquote>\n

While I have to applaud the spunk of FBN for turning on its master, there a couple of funny things in Magee’s statement:<\/p>\n

    \n
  1. …we as a news organization…<\/li>\n
  2. …hold the government accountable…<\/li>\n<\/ol>\n

    The first item, of course, has never been proven, and is disputed by most reputable journalism analysts. The second item raises the question as to why Fox has never before sought accountability from the Bush administration. Perhaps Magee’s revelation that accountability is now “more important than ever”<\/em> was triggered by the imminent inauguration of President-elect Barack Obama.<\/p>\n

    Nevertheless, it will be interesting to see if they follow through and extract anything useful from government bean counters. Well, “counters”<\/em> may be too generous a description for the unsupervised and reckless bean scattering that the Feds have engaged in. But it’s nice to know that Fox is on the job with muckraking broadcasts like this<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

    The U. S. Department of the Treasury is taking on friendly fire. The Fox Business Network has just announced that they are suing them to force the disclosure of information about the Wall Street bailout and how the funds are being used. FBN filed a Freedom of Information Act request last month, but the Treasury’s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[14,1],"tags":[183,182,169,472],"class_list":["post-1157","post","type-post","status-publish","format-standard","hentry","category-free-press","category-general","tag-barack-obama","tag-fbn","tag-foia","tag-kevin-magee"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4Ijg-iF","jetpack-related-posts":[{"id":1210,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=1210","url_meta":{"origin":1157,"position":0},"title":"Fox Business Network Is On The Case","author":"Mark NC","date":"2\/26\/2009","format":false,"excerpt":"Last year the Fox Business Network filed a Freedom of Information Act request for Treasury Department documents related to the Toxic Assets Relief Program. After filing the request, FBN launched an advertising campaign promoting their tireless efforts on behalf of the American people. I have no problem with the FOIA\u2026","rel":"","context":"In "Free Press"","block_context":{"text":"Free Press","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=14"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5576,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=5576","url_meta":{"origin":1157,"position":1},"title":"Memo From Fox Business To Staff – Don’t Copy Fox News","author":"Mark NC","date":"10\/18\/2011","format":false,"excerpt":"Reuters is reporting that the Vice-President of the Fox Business Network, Kevin Magee, has distributed a memo to his staff admonishing them for being too much like their sister network, Fox News. Magee: \"I've been asked to remind you all again that they are separate channels and the more we\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6373,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=6373","url_meta":{"origin":1157,"position":2},"title":"Fox Business Network Cancels Entire Primetime Lineup","author":"Mark NC","date":"2\/10\/2012","format":false,"excerpt":"The day after News Corp released their latest quarterly earnings report, they made another announcement that somehow was left out of the earnings conference call. The struggling Fox Business Network (FBN) has, in one fell swoop, canceled their entire primetime lineup. Wiped from the schedule are \"Freedom Watch\" with Andrew\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":740,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=740","url_meta":{"origin":1157,"position":3},"title":"Fox Business Network Limps Out Of The Gate","author":"Mark NC","date":"1\/5\/2008","format":false,"excerpt":"The new Fox Business Network may not be living up to the hype. Although Nielsen ratings are not being officially released, numbers have leaked that don't auger well for Murdoch's new baby: \"After less than three months on the air, Fox Business Network is averaging a mere 6,000 viewers in\u2026","rel":"","context":"In "Big Media"","block_context":{"text":"Big Media","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=12"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":994,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=994","url_meta":{"origin":1157,"position":4},"title":"Fox Business Is Still Bad Business","author":"Mark NC","date":"7\/27\/2008","format":false,"excerpt":"The first official ratings for the Fox Business Network reveal that the new enterprise is somewhat less than promising: \"For the first three weeks of July, according to Nielsen figures obtained yesterday that have not been publicly released, Fox Business Network is averaging just 8,000 viewers during daytime hours, and\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":667,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=667","url_meta":{"origin":1157,"position":5},"title":"Fox Business Not Hurting Business At CNBC","author":"Mark NC","date":"11\/19\/2007","format":false,"excerpt":"It's been a month since the launch of the Fox Business Network. Actual ratings data won't be available for a few more months but data on CNBC is available. To the extent that you can speculate as to FBN's performance based on the performance of it's main competitor, there is\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/1157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1157"}],"version-history":[{"count":0,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/1157\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}