Did Fed Chief Bernanke Threaten Bank of America Officials on Merger?
Mark Trumbull, The Christian Science Monitor: "Americans got an in-depth peek inside the government's management of the financial crisis Thursday, as Federal Reserve Chairman Ben Bernanke told a Congressional panel he did not threaten the jobs of officials at Bank of America. At the hearing, Mr. Bernanke faced tough questioning about whether the Fed exerted inappropriate pressure on Bank of America CEO Ken Lewis to press forward with a planned merger with Merrill Lynch late last year. At that time, Mr. Lewis had learned about some $12 billion in unexpected losses at Merrill."
http://www.truthout.org/062509S?n
http://freepage.twoday.net/search?q=financial+crisis
http://freepage.twoday.net/search?q=Bernanke
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=Merrill+Lynch
http://freepage.twoday.net/search?q=Mark+Trumbull
http://www.truthout.org/062509S?n
http://freepage.twoday.net/search?q=financial+crisis
http://freepage.twoday.net/search?q=Bernanke
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=Merrill+Lynch
http://freepage.twoday.net/search?q=Mark+Trumbull
rudkla - 26. Jun, 05:52
