the sixteen year old denver born teenager who was killed all right having us all a blogger for firedoglake thanks so much as always. well still ahead here on our t.v. if you have on bob your views about the president the government or even the banking system be warned the f.b.i. might be targeting you up next the details about the alleged political witch hunt targeting and our guests. welcome to the capital and i'm lauren lyster. well last week we brought you the story of leo lynn planned to seattle an artist imprisoned for refusing to cooperate with a grand jury investigation into vandalism. lance and joined two other anarchists catherine and matthew duran they were already imprisoned for remaining silent despite subpoenas plant was freed late last week about the same time the seattle times reported that plans and the other anarchists had been tracked by the f.b.i. since april based on a search warrant that was accidentally unsealed in u.s. district court so is the f.b.i. tracking a dangerous group hell bent on destruction or could this be a fishing expedition to talk more about this i'm

election season is this just election season the after ics shock more about this david dein blogger firedoglake has been following the story very closely and has here now to talk more about it thanks for joining us there david so i stuff want to ask you what exactly bear stearns is being accused of. well they're accused of putting together these mortgage backed securities deals around the height of the housing bubble and they made representations to investors that they would ensure the quality of the loans in the deal would match the underwriting guidelines that were put together in all the associated materials and what they're accused of is not doing that they allow defective loans that did not meet the guidelines into the deal they were rated their third party due diligence specialist who they hired to look at the quality of the loans and told them to you know ramp up the machine and make these loans go you know underwrite them faster and and finally they when they did find loans that were completely defective that had actually gone into default within the first thirty to ninety days of the l

more about the fight to get the facts out on this case i'm joined by kevin to fill a blogger for firedoglake kevin welcome so tell us more about the way that this court hearing played out it appears yesterday and the first oral argument in this case we were arguing over more access to court martial records of the proceedings and i myself have been to be a place this so the center for constitutional rights is turning the courtroom was representing myself and others including join us on the league. amy goodman divide to see about the nation jeremy scahill national security reporter and. all of us in along with thirty media organizations that have filed a grievance support so a majority of media support this and what we really went down in this hearing was questions as to you know does the court have the jurisdiction to rule on this there's a maser a major first amendment issue in this case a major cost to tional case and so the judge actually asked the government you know is is this reasonable what you're doing here i'm paraphrasing it instead of just handing over the documents you're making t

and i was come just a little blogger for firedoglake. and speaking of transparency it might be more difficult to come by in the government and that's because their quest you make when you want the government to disclose information that's the freedom of information act request that process is about to get more complicated artie's adriano said it has more. transparency it was the name of the game almost four years ago and president obama took office yes the promise of creating an era of open government has not exactly been met earlier this week newman new analysis from bloomberg showed that up to twenty five government agencies have begun to outsource freedom of information act requests better known as for is the name of efficiency private companies have been contracted to take the ease off of the foyer process landing some pretty big paydays in the process the report notes that over two hundred fifty companies have been awarded such contracts among them a com technology corporation as one at least nine point one seven million dollars con

promised or is it seizing election season theatrically to talk more about this david dein blogger for firedoglake has been following the story very closely and is here to talk more about it welcome david so first i want to ask you what are the charges against bear stearns you know a company that is now part of j.p. morgan chase. right this is stearns was purchased by j.p. morgan chase in. mid two thousand and eight and this concerns mortgage backed securities deals that they had created and sold to investors and they used a lot of deceptive practices misrepresentations in terms of what they said they were going to do in terms of insuring the quality of the loans. and what they actually did which was speed the loans through the pipeline and allow defective loans that did not meet the underwriting standards into the securities deals in this cost the investors massive amounts of money i believe the number of losses on the deal specifically in this lawsuit total about twenty two point five billion dollars now this lawsuit if you take a look at it named the at the company bear stearns the now defunct