Jun 25th, 2009 - CNNMoney
(Fortune) -- One of the enduring mysteries about Ken Lewis' decision to proceed with Bank of America's $50 billion acquisition of Merrill Lynch last fall is why Lewis did not disclose Merrill's growing weekly multi-billion dollar losses to his shareholders before they voted on the deal on December 5. Was he pressured to close the deal by Federal Reserve Chairman Ben Bernanke and then Treasury Secretary Hank Paulson? Or was Lewis determined to add the investment bank to BofA's financial empire come heck or high water?
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Bank of America faces Q2 loss, Citigroup says
Jun 25th, 2009 - Reuters
NEW YORK, June 25 (Reuters) - Bank of America Corp (BAC.N)may post a second-quarter loss as it builds reserves to coverlosses on credit cards and other consumer loans...
Bernanke's Prepared Remarks to House Panel Regarding bofa-Merrill Deal
Jun 25th, 2009 - Wall Street Journal
The following is the text of Federal Reserve Chairman Ben Bernanke's prepared testimony on Bank of America's acquisition of Merrill Lynch before the House Committee on Oversight and Government Reform on Thursday...
Fed Officials Critical of Bank of America Bailout Terms
Jun 24th, 2009 - Wall Street Journal
WASHINGTON -- Federal Reserve staff discussed getting a "pound of flesh" from Bank of America Corp. management in return for government aid to help close its deal for Merrill Lynch & Co....
Bank of America's Prueher and Franks Exit From Board
Jun 19th, 2009 - Bloomberg
June 19 (Bloomberg) -- Bank of America Corp., the lenderthat took $45 billion in U.S. aid, said Admiral Joseph Prueherand General Tommy R. Franks resigned as directors June 17,pushing the total of departing members to seven since April.
Former Merrill execs discussed buying back bank: report
Jun 18th, 2009 - Reuters
(Reuters) - Bank of America Corp Chief Executive Ken Lewis was approached by three former Merrill Lynch executives this year to discuss buying back some or all of their old company...
Related videos from YouTube:
4:18Kucinich Grills Ken Lewis on Fed Emails
Former Bank of America CEO, Ken Lewis, testified June 11, 2009 to congress about the BOA's merger with Merrill Lynch. During the hearing Rep. Dennis Kucinich, D-Ohio, challenged Lewis to be more forthcoming about his dealings with the Federal Reserve during the merger ...
6:09Rep. Welch grills Bank of America CEO Ken Lewis
Rep. Peter Welch grills Bank of America CEO Ken Lewis July 11, 2009, about whether the bank kept critical information from its shareholders about the worsening financial situation at Merrill Lynch, which Bank of America had agreed to buy.
3:45Fire CEO Ken Lewis
www.takebacktheeconomy.org While Bank of America's CEO, Ken Lewis, is calling for business as usual, taxpayers are calling for change. It's time for Bank of America to stop the policies and practices that helped crash our economy and hurts its customers with unfair fees and hidden costs.
4:47Opening Statements - Bank of America - Bloomberg
Live! From Capitol Hill: Bank of America CEO Ken Lewis Addresses House Financial Services Committee (Market Pulse)
