In any case letting Mr Paulson of the hook is not an option he needs to be investigated and charges for felonies have to be pressed against him since Geithner as NY FED president was involved and possibly Bernanke this needs to be full fledged investigation as the Obama administration is to much contaminated with too many people doing strange things starting from Bear Stearns over Lehman etc etc.
Bank of America Pressured by U.S. to Buy Merrill, Cuomo Says
By Karen Freifeld and David Mildenberg
April 23 (Bloomberg) -- Bank of America Corp. Chief Executive Officer Kenneth D. Lewis was pressured to complete the purchase of Merrill Lynch & Co. after he sought to cancel the deal because of “staggering” deterioration at the brokerage, according to New York State Attorney General Anderew Cuomo.
Henry Paulson, who was Treasury Secretary last December, may have threatened to remove the bank’s management and board if they didn’t comply, Cuomo wrote in a letter to Congress released today.
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