A team of writers from Bloomberg news estimated in 2010 that the total cost of outlays and commitments by U.S. Taxpayers of stabilizing the crisis was $12.8 trillion, almost as much as U.S. gross domestic Product for a year. The federal reserve bank, the powerful U.S. Central bank, will not provide details and, despite three court rulings, continues to refuse to do so, arguing that it would exacerbate the crisis.