At 517 p.m. Eastern time, seven hours after the President's speech has begun, New York officials disclose a bomb threat to the city's subway system based on information supplied by the federal government. A Homeland Security spokesman says the intelligence upon which the disclosure is based is of doubtful credibility. And it later proves that New York City had known of the threat for at least three days and had increased police presence in the subways long before making the announcement at that particular time. Local New York television station WNBC reports it had the story of the threats days in advance of the announcement but was asked by high-ranking federal officials in New York and Washington to hold off on its story. Less than four days after having revealed the threat, Mayor Michael Bloomberg of New York says, 'Since the period of the threat now seems to be passing, I think over the immediate future we'll slowly be winding down the enhanced security.' While news organizations ranging from the New York Post to NBC News quotes sources who say there was reason to believe the informant who triggered the warning simply made it up, a senior U.S. counterterrorism official tells the New York Times, quote, 'there was no there there.'
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