Banks ask the Supreme Court to withhold documents that show how much "emergency" funds they have received from the federal government.
FTA - "'Disclosure of this information threatens to harm the borrowing banks by allowing the public to observe their borrowing patterns during the recent financial crisis and draw inferences -- whether justified or not -- about their current financial conditions,' the group said in its appeal."
It would "harm" the banks? Just what did these banks do that is so bad? Isn't it an investor's right to know how a bank is doing before they do business with it?