Libertarians for Ron Paul

Bailout Scandal: Undisclosed Sums Paid to NY Mellon Bank

“Just two weeks after the passage of the bailout bill, and one day after a Treasury Department official declared, “we are committed to transparency and oversight in all aspects of the program,” the Treasury Department began covering up the amount it would pay to New York Mellon Bank to act as a financial agent in the bailout.”

“The amount to be paid the bank in the contract posted to the Web is blacked out.”

Full post, with black-out contract @ http://www.washingtonwatch.com/blog/2008/10/23/bailout-scandal-undisclosed-sums-paid-to-ny-mellon-bank/