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News Link • Federal Reserve

Fed Seeks Delay of Bank Data Release While Considering Appeal

• Bob Ivry and David Glovin, Bloomberg
Aug. 26 (Bloomberg) -- The Federal Reserve Board sought to delay the court-ordered release of documents identifying banks that might have failed without the U.S. government bailout while it considers an appeal to the U.S. Supreme Court. The Fed asked the U.S. Court of Appeals in New York yesterday to delay implementation of a ruling that compels the central bank to release the documents.

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