Wikileaks Wins

And so do we:

A Swiss bank quietly dropped its lawsuit against renegade Web site Wikileaks.org on Wednesday, days after a judge reversed his order to disable the site for posting confidential bank documents.

In court papers, Bank Julius Baer didn't give a reason for dropping the suit and reserved the right to refile it later. Bank lawyer William Briggs didn't return a telephone call seeking comment.

Taking down entire Web sites when just a few documents are at stake was a terrible precedent; Bank Julius Baer's decision to drop the lawsuit is also good because it shows that people are beginning to understand the power of the Web to look after its own.

Bank Julius Baer, Meet Barbra Streisand

One of the claims to fame of Techdirt's Mike Masnick is for coining the phrase "the Streisand effect":

The phenomenon takes its name from Barbra Streisand, who made her own ill-fated attempt at reining in the Web in 2003. That's when environmental activist Kenneth Adelman posted aerial photos of Streisand's Malibu beach house on his Web site as part of an environmental survey, and she responded by suing him for $50 million. Until the lawsuit, few people had spotted Streisand's house, Adelman says--but the lawsuit brought more than a million visitors to Adelman's Web site, he estimates. Streisand's case was dismissed, and Adelman's photo was picked up by the Associated Press and reprinted in newspapers around the world.

So attempts by the Bank Julius Baer to shut down the Wikileaks site are not only doomed, but doomed to make things much, much worse than if the bank had just put up with it. Fighting openness is just not a good idea.