Judge Asked To Make Treasury's Role In 2009 GM Bailout Public
Before the U.S. District Court for the District of Columbia this week, the Center for Auto Safety asked the judge to make public the U.S. Treasury’s role in the 2009 General Motors bailout.
Bloomberg reports the consumer safety advocacy group asked the judge to force the United States federal government into disclosing a number of documents linked to the Treasury’s role in the bailout, suggesting the department told GM to cast aside responsibility for any defects or accidents tied to said defects before receiving $49.5 billion in funding.
On the other side, the Treasury is asking the judge to dismiss president Clarence Ditlow’s 2011 lawsuit for the aforementioned information, warning that being forced to go public would harm the government’s chances to come to the aid of a company whose demise would greatly damage the overall economy.
Seattle-based writer, blogger, and photographer for many a publication. Born in Louisville. Raised in Kansas. Where I lay my head is home.
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