Comments on: Bank of America’s Lewis Says Paulson, Bernanke Forced Merrill Takeover

By: kenneth lewis

kenneth lewis — Fri, 02 Oct 2009 14:30:39 +0000

[...] Chairman Ben S. Bernanke and former U.S. Treasury Secretary Henry M. "Hank" Paulson Jr. pressured him not only to move ahead with a merger with Merrill Lynch despite reservations, but also to stay quiet about the mounting losses at the crumbling investment [...]

By: U.S. Bailout Plan Infringes Upon Basic Property Rights

U.S. Bailout Plan Infringes Upon Basic Property Rights — Tue, 16 Jun 2009 10:03:34 +0000

[...] Chairman Ben S. Bernanke and former Treasury Secretary Henry M. "Hank" Paulson Jr. to pressure Lewis into hiding relevant financial information regarding Merrill Lynch (NYSE: SKP) losses from BofA shareholders. Recently released e-mails make [...]

By: Watchdog Alleges Obama Administration in “Cover Up” of Docs from Treasury Meeting with Banks

Thu, 14 May 2009 21:31:02 +0000

[...] As previously reported in Money Morning, Bank of America CEO Kenneth Lewis said in testimony before New York's attorney general that Paulson and Federal Reserve Chairman Ben S. Bernanke pressured him not only to move ahead with a merger with Merrill Lynch despite reservations, but als… [...]

By: Motivations Abound for Federal Reserve's Delayed Release of Bank Stress Test Results

Mon, 04 May 2009 09:44:59 +0000

[...] Money Morning: Bank of America’s Lewis Says Paulson, Bernanke Forced Merrill Takeover. [...]

By: Bank of America Shareholders Strip Lewis of Chairman Role

Bank of America Shareholders Strip Lewis of Chairman Role — Thu, 30 Apr 2009 21:01:09 +0000

[...] that Federal Reserve Chairman Ben S. Bernanke and former Treasury Secretary Henry M. Paulson pressured him not only to move ahead with the Merrill merger despite reservations, but to also stay quiet about the mounting losses at the crumbling investment [...]

By: Money Morning’s Bank Stress Test Says These Three Banks Are the Strongest

Money Morning’s Bank Stress Test Says These Three Banks Are the Strongest — Thu, 30 Apr 2009 11:44:20 +0000

[...] of break-even in the first quarter after a horrendous 2008, and seems decidedly accident-prone. As the revelations about former Treasury Secretary Hank Paulson strong-arming BofA Chief Executive Kenneth Lewis to push through the Merrill deal seem to show, the [...]

By: Bank of America, Citigroup Told to Boost Capital as Validity of Bank Stress Tests Are Called Into Question

Wed, 29 Apr 2009 14:50:13 +0000

[...] Money Morning: Bank of America's Lewis Says Paulson, Bernanke Forced Merrill Takeover [...]

By: Controversial Stress Tests Reveal Only One Bank Needs Capital, but Worries Remain

Mon, 27 Apr 2009 09:35:13 +0000

[...] Secretary Henry M. “Hank” Paulson Jr. and central bank Chairman Ben S. Bernanke threatened to remove him from office if he backed out of the Merrill Lynch & Co. Inc. (SQD) merger or (publicly) discussed the [...]