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To: energyplay who wrote (197958)4/24/2009 8:33:52 AM
From: RockyBalboaRead Replies (1) | Respond to of 306849
 
This is the minute difference, legally:

While the Patriot Act made it possible that companies can be requested to withhold information (it does not require it per se, but opens the window to have administrative orders issued in that regard) it does not automatically mean that a company can "rely" on the act if not so required.

The Patriot Act would cover such requests issued to companies but is not a request per se.

And I highly doubt that a specific written order to BAC to withhold information (coming from an authorised entity e.g. the treasury sec.) will ever be produced.

>>>>>>>>>>
Coffee said. Companies can’t argue that it’s in “the national interest” to “withhold material facts from your shareholders.”