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WSJ: BofA CEO says was told to be quiet on Merrill

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posted on Apr, 23 2009 @ 09:41 AM
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news.yahoo.com...


NEW YORK – Bank of America Chief Executive Kenneth Lewis told the New York attorney general he believed former Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke wanted him to keep quiet about the worsening terms of the bank's acquisition of Merrill Lynch, according to testimony reviewed by The Wall Street Journal.


HOLY COW!!!! THis is a HUGE accusation!!!!!!!

This just reeks of shady!

and Paulson's response....

Citing a person familiar with the matter, the newspaper said Paulson told the NY AG's office last month that Lewis may have misread some remarks about Treasury's disclosure requirements as instead pertaining to his bank's obligations.


Misread? I would like to see the papers and see who is full of it here. Somebody is lying.

[edit on 23-4-2009 by kleverone]




posted on Apr, 23 2009 @ 12:19 PM
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Am I the only one who thinks that this claim is shady? If what he is saying is true then this is a pretty big deal!



posted on Apr, 24 2009 @ 12:18 PM
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This is already going to be posted tomorrow: www.abovetopsecret.com...



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