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IPFS News Link • Federal Reserve

Bernanke says he didn’t bully BofA to buy Merrill

06-25-2009 • AP

[under oath?] Federal Reserve Chairman Ben Bernanke told Congress today he didn’t pressure Bank of America into acquiring Merrill Lynch in a deal that ultimately cost taxpayers $20 billion.

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Reported By Powell Gammill

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1 Comments in Response to Bernanke says he didn’t bully BofA to buy Merrill

Comment by RickStone

Entered on: 6/25/2009 11:03:17 AM

The Fed always thumbs its nose, wait till bill 1207 goes thru and see whose caught with their pants down. Bernanke, I hope you will enjoy wearing orange jump suits. You think that you screwed us ? Just wait.

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