<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/128a0c26-4d74-49a3-9998-34b15fa92828/4AE144E3-78E0-4AF1-9FD4-87C65EBCE6C8/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.propublica.org/article/why-are-docs-from-the-bailout-being-redacted-1022/" href="http://www.propublica.org/article/why-are-docs-from-the-bailout-being-redacted-1022/" style="font-size: 11px;">www.propublica.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.propublica.org/article/why-are-docs-from-the-bailout-being-redacted-1022/"><H1>Why are Docs From the Bailout Being Redacted?</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.propublica.org/article/why-are-docs-from-the-bailout-being-redacted-1022/"><P><DIV class="article-photo undefined"><IMG src="http://www.propublica.org/images/articles/treasury_redacted_docs.jpg" alt=" " class="" /><BR /><SPAN> </SPAN></DIV>The U.S. Treasury Department has decided against publicly releasing key details of the contract it awarded Bank of New York Mellon to keep the books for the government’s purchase of toxic securities. In a publicly released copy of the contract, the Treasury <A href="http://www.treas.gov/press/releases/reports/custodiancontract.pdf">blacked out how much it will pay the bank</A> for its role in the government's $700 billion taxpayer-funded bailout.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.propublica.org/article/why-are-docs-from-the-bailout-being-redacted-1022/"><P>The <EM>Washington Post </EM>first briefly <A href="http://www.washingtonpost.com/wp-dyn/content/article/2008/10/14/AR2008101400738.html?hpid=topnews">noticed</A> the redactions. Meanwhile, <A href="http://bailoutsleuth.com">Bailoutsleuth</A>, a site created by Mavericks owner Mark Cuban, has been tracking the redactions and flagging <A href="http://bailoutsleuth.com/2008/10/more-bailout-contracts-contain-blacked-out-portions/">more examples</A>.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.propublica.org/article/why-are-docs-from-the-bailout-being-redacted-1022/"><P>The government’s justification for blacking out the monthly fees set in the publicly bid contract aren’t clear.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.propublica.org/article/why-are-docs-from-the-bailout-being-redacted-1022/"><P>“It looks like a reflexive, ‘we don’t want to tell you,’” said Steven Aftergood, director of the Project on Government Secrecy at the Federation of American Scientists. “I just don’t see the rationale.”</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/4AE144E3-78E0-4AF1-9FD4-87C65EBCE6C8/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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