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Ben Bernanke on Bank of America and Merrill Lynch

Published
by
CSJ
on June 26, 2009
in Congress/Senate, c-span and economy
. Tags: , , , .

June 25, 2009 C-SPAN
Federal Reserve Chair Ben Bernanke testified at a hearing on the merger of Bank of American and Merrill Lynch. Faced with contentious questioning he disputed accusations that he had pressured Bank of America to acquire Merrill Lynch by threatening to oust Bank of America’s CEO Kenneth Lewis or the bank’s board if either had abandoned the takeover after discovering spiraling losses at Merrill.



2 Responses to “Ben Bernanke on Bank of America and Merrill Lynch”

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  1. 1 dandelionsalad
    Jun 26th, 2009 at 6:25 pm

    Thanks, Junkie for posting the full hearing and all the clips, too. Will repost on DS.

  1. 1 Congressman Kucinich Questions Ben Bernanke (Rounds 1 & 2) + Entire hearing « Dandelion Salad
    Pingback on Jun 27th, 2009 at 4:09 am

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Congressman McGovern Calls For Exit Strategy In Afghanistan »