Mum on Merrill

090502bokloresBank of America shareholders are not happy about being infected by Merrill Lynch’s toxic assets. Ken Lewis, the fired chairman, says Paulson and Bernanke pressured him to keep Merrill Lynch’s sickly condition secret while Bank of America acquired it. Here’s a story in Forbes and here is a WSJ editorial.

Leave a Reply

Your email address will not be published. Required fields are marked *