"Bank of America and Merrill Lynch: How did a Private Deal Turn Into a Federal Bailout? Part IV." Print
On Tuesday, November 17, 2009, the Oversight and Government Reform Committee and the Domestic Policy Subcommittee held a joint hearing entitled: "Bank of American and Merrill Lynch: How Did a Private Deal Turn Into a Federal Bailout? Part IV" The hearing examined the events surrounding Bank of America's acquisition of Merrill Lynch and its receipt of Federal Financial Assistance.

The hearing took place at 10:00 a.m. in room 2154 Rayburn House Office Building and webcast live.

To view a webcast of the hearing, CLICK HERE

The witnesses scheduled to testify were:

Mr. Brian Moynihan
President of Consumer and Small Business Banking
Bank of America

Mr. Timothy J. Mayopoulos
Former General Counsel
Bank of America

Mr. Charles “Chad Gifford
Member, Board of Directors
Bank of America

Mr. Thomas J. May
Member, Board of Directors
Bank of America


Documents and Links


Opening Statement of Chairman Edolphus Towns

Opening Statement of Subcommittee Chairman Dennis Kucinich

Prepared Testimony of Mr. Brian Moynihan

Prepared Testimony of Mr. Timothy Mayopoulos

Prepared Testimony of Mr. Charles Gifford

Prepared Testimony of Mr. Thomas J. May

Bank of America Documents Related to Subcommittee Chairman Kucinich's Questions

Closing Statement of Chairman Edolphus Towns