2009-06-10 — wsj.com
``U.S. House lawmakers filed a subpoena Tuesday to compel the Federal Reserve to turn over internal notes and emails detailing the central bank's role in encouraging Bank of America Corp. to complete its acquisition of Merrill Lynch & Co.''
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ronin at 14:57 2009-06-10 said:
Keep these BofA "the devil made me do it" stories coming! They are delightful, at least to those of us in San Francisco who remember the bank as it was before Hand Grenade Hugh played chicken with David Coulter and won the right to put the name of one of the nation's finest financial institutions on the bank formerly known as No Cash for No Body. When the Feds told A. P. Giannini, the founder of BofA, as they often did, that he could not do something he felt he was legally entitled to do, he would tell them where to go and offer them a fast ride to get there. I can just imagine his reaction to being told to buy a golden bull and to keep his mouth shut about it. The twelve prophets in the Old Testament would have grinned. As many of us are. Permalinkadd a comment | go to forum thread
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