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DEPOSITION OF ROSEMARY STEWART VOL. II

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MR. MURPHY:

Objection. I thought we went through all this yesterday about the degrees of confidentiality, and decided there was only one. MR. GALLAGHER: We decided there was only

one stamp. I don't know

all.

NR. MURPHY: No, but there was no stamp at

MR. GALLAGHER: There was no stamp "this is confidential"?

MR. MURPHY: No, not in the sense that you are speaking of. There is a designation of documents as confidential. That is all.

THE WITNESS: That was a confidential Bank

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Board document.

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MR. MCALEER:

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Q. (BY MR. GALLAGHER) Ms. Stewart, there are degrees of significance to documents, even though they may all be confidential, correct?

Objection.

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Q. Between the summer of 1986 and, let's say, the end of 1988, did your office subscribe

STICKLEY & SCHUTZMAN, INC.

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A.

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Those are not available to us by subscription; the ones I'm saying yes to are. Individual articles from any of those publications might appear in the daily clip

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Q. So when you say no to Barrons and Legal

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was available -- well, strike that.

Did you from time to time during that

time frame read these publications?

A. I read the Bank Board clip sheets; that's the only thing I read.

Q. Tell me about the Bank Board clip

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A. The Office of Communications has a daily service of clipping articles relative to the savings and loan industry, the agency, and subjects like housing, interest rates, and so STICKLEY & SCHUTZMAN, INC.

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average, you know, how auch material are we

looking at on an average day, if that's possible

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Q.

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makes the determination of what goes into the

clip service?

A.

Communications staff.

During '86 and '87, did that service regularly contain information about allegations against Chairman Gray on his expense accounts?

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Yes.

2. (BY MR. GALLAGHER)

time include articles about those allegations?

A. It did.

Q. Did it ever contain articles about disagreements between Gray and Keating?

MR. MCALEER:

THE WITNESS:

Yes.

Did it from time to

Objection.

STICKLEY & SCHUTZMAN, INC.

DEPOSITION OF ROSEMARY STEWART VOL. II

Q.

(BY MR. GALLAGHER) Those articles you

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read?

A. There were periods of time where I did not keep up with this. We were talking about August and September '86. But other than short periods of time, yes, I did read the clips.

Q. And what we had going in August and September, that's when you were on pregnancy leave and had your baby?

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Q. Is that clip service something that

could be retrieved today?

And by that I mean:

see what the clip service was on September 20th,

Could I somehow

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Yesterday I think you told me, Ms.

Stewart, when I asked you about any conversations you had had or anything you overheard about any animosity between Gray and Keating, I think you told me something to the effect that you may have

heard some comments.

Do you remember that testimony?

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