Kucinich Grills Ken Lewis on Fed Emails
by admin | July 12, 2009 | In One Outs | No Comments
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. Specifically Kucinich cited emails from Fed officials saying Lewis had asked government officials to provide a letter saying that they had in fact ordered Lewis to merge with the struggling financial firm, Merrill Lynch …