Thursday, June 25, 2009

Bernanke To Congress

Here is Bernake getting grilled by Congress.  Ken Lewis, CEO of Bank of  America said 2 weeks ago that Bernake and Paulson indirectly threaten him to go with the merger of Merrill Lynch or be fired.  Bernake is responding to the accusation and he tries to deflect the charges.  To me it is obvious that the threats were made, but not directly and this is proof that government is having way to much control into the private sector.

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