bills_fan Posted April 23, 2009 Posted April 23, 2009 I think Cuomo was trying to score some cheap political points against Lewis and ended up digging up a big fish.. The summary... Lewis claimed Paulson threatened his job if he did not go through with the Merrill deal. Paulson told Cuomo that Bernanke made him threaten Lewis' job. Lewis, thoroughly disregarding his fiduciary duty to shareholders, go ahead with the Merrill deal, furtehr killing BoA stock price. Cuomo sends angry letter to regulators (attached below). Paulson recants statement that Bernanke authorized the threat. I think we may have a problem here....get ready to spend some TARP money on criminal lawyers. http://www.scribd.com/doc/14564832/BofAmergLetter Marc Rich says Switzerland is wonderful for about a decade.
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