CEO says gov't pressured bank to buy Merrill Lynch

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Sergunka
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CEO says gov't pressured bank to buy Merrill Lynch

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CEO says gov't pressured bank to buy Merrill Lynch

Associated Press - June 11, 2009 11:23 AM ET

WASHINGTON (AP) - Bank of America Chief Executive Officer Kenneth Lewis says his bank decided to buy Merrill Lynch partly because it was pressured to do so by the Federal Reserve.

Lewis says the Federal Reserve threatened to remove top executives at his bank if it reneged on its promise to acquire Merrill Lynch, despite Merrill Lynch's crumbling financial state.

Lewis told a House committee Thursday that it concerned him that federal officials would make that threat to a bank in "good standing."

The panel is investigating claims that top government officials, including then-Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke, pressured Lewis and urged him to keep quiet about Merrill Lynch's financial problems.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Политбюро однако! :crazy:
"A patriot must always be ready to defend his country against his government." Edward Abbey
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deve
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Re: CEO says gov't pressured bank to buy Merrill Lynch

Post by deve »

"Lewis says the Federal Reserve threatened to remove top executives at his bank".

Хмм. И как они это собирались делать ?
Вопрос без подколок, действительно интересно
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SergeyVZ
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Re: CEO says gov't pressured bank to buy Merrill Lynch

Post by SergeyVZ »

HR 1207 "Audit The Fed" Bill is now one large step closer to reality, having garnered the necessary 218 co-sponsors to ensure passage. :good:
http://www.house.gov/apps/list/press/tx ... udit.shtml
http://globaleconomicanalysis.blogspot. ... lance.html
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Sergunka
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Re: CEO says gov't pressured bank to buy Merrill Lynch

Post by Sergunka »

deve wrote:
"Lewis says the Federal Reserve threatened to remove top executives at his bank".

Хмм. И как они это собирались делать ?
Вопрос без подколок, действительно интересно


СЕО снимает и назначает совет директоров. Ну, а методы компроментации давно известны... поставить на прослушку, ну и там то ли полицай подловит пьяненького, толи агенты ФБР в кальсонах в пять утра подымут в кровати... это уже безразницы :good:
"A patriot must always be ready to defend his country against his government." Edward Abbey

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