Fox Business Network

Mondo Times editors    Boulder, Colorado USA

Posted at 10:20pm on Friday, January 23rd, 2009

On Saturday, January 24, 2009, Fox Business Network added its first live, regular weekend program. "Your Questions, Your Money Live" airs from 10am-2pm ET each Saturday.

Dagen McDowell hosts the call-in show, where viewers talk to experts about the economic crisis and personal finance issues. The series features a rotating cast of FBN contributors and outside experts.

Mondo Times editors    Boulder, Colorado USA

Posted at 11:32pm on Sunday, December 21st, 2008

On December 19, 2008, Fox Business News announced that they have sued the United States Treasury Department for failure to respond to Freedom of Information Act (FOIA) requests. The Fox press release began:

FOX Business Network (FBN) has filed a lawsuit against the United States Treasury Department over failure to provide information on the bailout funds or respond to FBN's expedited requests filed under the Freedom of Information Act (FOIA).

The initial request, filed on November 25, sought actual data on the use of the bailout funds for American International Group and the Bank of New York Mellon, and an additional request, filed on December 1, sought similar data on the bailout funds for Citigroup, Inc. FBN is asking for the Treasury Department to identify, among other issues, the troubled assets purchased, any collateral extended, and any restrictions placed on these financial institutions for their participation in this program.

Kevin Magee, Executive Vice President, FOX News commented, "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."