Towns, Kucinich Demand BofA, Merrill Lynch Documents from Treasury and the Fed |
U.S. Representative Edolphus “Ed” Towns (D-NY), the Chairman of the Committee on Oversight and Government Reform, and Congressman Dennis Kucinich (D-OH), Chairman of the Domestic Policy Subcommittee, are expanding the Committee’s investigation into Bank of America’s (BofA) acquisition of Merrill Lynch & Co. The Congressmen chose to increase the investigation upon learning in yesterday’s Wall Street Journal that BofA CEO Ken Lewis stated under oath with the New York State Attorney General that he was pressured to withhold details pertaining to the BofA acquisition of Merrill Lynch from investors. |
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