Congress subpoenas Fed over Bank of America acquisition of Merrill Lynch
House lawmakers on Tuesday said they have subpoenaed the Federal Reserve to hand over e-mails, notes and other documents related to its role in Bank of America Corp.'s acquisition of Merrill Lynch & Co.
The lawmakers' subpoena comes after claims that top government officials pressured Bank of America Corp. CEO Ken Lewis to complete the bank's purchase of Merrill Lynch, threatening his job security. Lewis has testified that he had been advised by the officials, former Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, not to disclose details of Merrill Lynch's difficult financial position, according to New York State Attorney General Andrew Cuomo.
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18 comments:
Up to Gitmo with that scum. Throw in Mozilo, Dodd, Prince, Thain, Geithner and all the other financial terrorists for good measure.
You're funny:)
Well cosidering that obama works for the same people that they do a big fat HELL NO
Sorry Make that a big fat HELL YES they will be pardoned and rewarded
Lick his ear, Hank! You know he wants it.
The first time this story broke, we got the Swine Flu emergency.
Let's watch and see if the US Terror Alert gets elevated...if it does, it means that (of course) Obama has a pardon for them both.
Is this THE Federal Reserve we're talking about; benevolent guarantor and overseer in the public's interest only...
or just Federal Reserve; a privately-held, for-profit company?
They both have to go.
Paulson may go to jail.
Bernanke might be pardoned.
Any ensuing investigation of Goldman Sachs will probably be *interrupted* by a 'terrorist attack'....
He "pulled the Paulson"
80 years from now people will still nod in astonishment at how good he was...
The president will give them the Medal of Freedom and declare them HUGE successes.
Convicted? Pardoned?
What's that phrase I read earlier?
PURE COMMEDY GOLD!!!
"Could Bernanke and Paulson go to jail?"
So that's me and about a couple dozen other people who understand what needs to happen. Half of that dozen being Ron Paul and his supporters, and half a dozen sashers.
Swiss publication writer supports Ron Paul’s Audit the Fed Campaign. The Fed threatening Lewis and Bank of America is just business as usual by the Fed and the government. Still BOA is just as guilty as the Fed in creating the financial meltdown.
Review the following URL for the essay which covers the Ron Paul's Audit the Fed Campaign & Beware False Bank Profits From Accounting Shenanigans at:
http://www.bfi-capital.com/mountainvision/newsletter.php?view=1679091c5a
Readers can receive the newsletter by sending name and e-mail to: contact(at) bfi-consulting.com
Rich people are above the law here in America. When are you going to understand that?
Its interesting that both may go away. No Prescription Required
Why?
So they can get out, "debt paid to society" and live the nice life with all the money they stole and hid? I say just shot them and confiscate all their possessions and throw their families in the street to live like trash.
If people thought their actions would also affect their loved ones, maybe they'd be less likely to do the crime. Right now they don't think they'll get caught and they know that even if they do, they'll do their time and walk. Maybe even get a book deal... so it’s no big deal.
I say execute each of them, but not before they each know that all their wealth and their families future is forfeit.
I know, I'm evil, but that's what happens (slowly) to all of us. It’s just a matter of time.
-Silly Monkey
Paulson -- definitely. I am shocked that there is not an warrant out for this guy. At least take his passport from him.
Keith,
You should post this headline in your blog. From Bloomberg:
"Treasuries Gain as Bonds Yield Most at an Auction Since 2007"
Dny
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