Sunday, June 21, 2009

Congress questions Bernie, Hank's role in BoA purchase of Merrill Lynch


Crooks and Liars:

Well! This certainly should be an interesting summer:

WASHINGTON – A House panel has subpoenaed documents that lawmakers say could shed new light on Federal Reserve Chairman Ben Bernanke's role in Bank of America's acquisition of Merrill Lynch.
The subpoena comes ahead of a hearing next week in which Bernanke is scheduled to testify.

1 comment:

airJackie said...

Now it's so funny to read about what Law Makers and Media act like they have no idea what's really been going for for 8 years. Now one might believe this if all these people were brain dead or lived on another planet for 8 years. My Dad use to ask us how we lost our money and we'd say I don't know. He say so you watched someone rob you and said nothing? Well that really happen to the American Taxpayers as we had a surplus and by 2008 we had an 11 Trillion dollar debt. We see many of Goldman Sachs employees with get over a million in bonus and even those who are hired to get coffee will most like get 500,000 dollars. Skys the limit as Trillions of dollars were stolen from the US Treasury. Now remember the taxpayers will have to have a tax incease for Goldman Sachs to keep getting those bonuses.