Thursday, October 1, 2009

"The public interest favors a stay [of disclosing recipients of taxpayer bailouts]. The Board presented evidence to the district court regarding significant harms that could befall not only private companies, but the economy as a whole, if the withheld information is disclosed. The public interest is coexistive with the Board's interest in that the harms the Board is seeking to prevent inure to the benefit to the U.S. economy." - Federal Reserve speaking for GOLDEN SHRIVEL SACHS

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