Wednesday, June 24, 2009

Federal thugs in action

In a just world the B of A shareholders would be able to sue the government for the loss of value.
Rep. Issa Says Fed ‘Engaged in a Cover-Up’ on Merrill-Bofa
By Alec McCabe
June 24 (Bloomberg) -- U.S. Congressman Darrell Issa said the Federal Reserve “engaged in a cover-up” about details of Bank of America Corp.’s takeover of Merrill Lynch & Co. The Fed “deliberately hid concerns and pertinent details” of the merger from other government agencies, Issa, a Republican from California, said in an e-mailed statement.

1 comment:

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