Saturday :: Apr 25, 2009

Open Thread


by Mary

What did Mr. Kenneth Lewis, CEO of Bank of America, know about the state of Merrill Lynch before he took it over? And did Treasury Sec. Paulsen and Fed Chief Bernanke tell him to keep quiet? Perhaps the next question is why would any self-respecting bank buy Countrywide? Could there have been a bit of deal sweetening there too?

Mary :: 12:00 AM :: Comments (2) :: Digg It!