Kucinich Grills Ken Lewis on Fed Emails

Former Bank of America CEO, Ken Lewis, testified June 11, 2009 to congress about the BOA's merger with Merrill Lynch. During the hearing Rep. Dennis Kucinich, D-Ohio, challenged Lewis to be more forthcoming about his dealings with the Federal Reserve during the merger. Specifically Kucinich cited emails from Fed officials saying Lewis had asked government officials to provide a letter saying that they had in fact ordered Lewis to merge with the struggling financial firm, Merrill Lynch, because Lewis feared lawsuits from company shareholders if the merger led to company losses. Lewis said he did not recall asking for such a letter. After the hearing Kucinich told reporters that Lewis testimony could put the former CEO in legal jeopardy.

Category:

News & Politics

Tags:

• merger
• perjury
• Bank of America
• Ken Lewis
• Merrill Lynch
• Dennis Kucinich
• Federal Reserve
• Fed

[sandiegoevangelism]

Need more guys like Kucinich and Ron Paul and we wouldn't be in the mess we are in!

[adramatictheme]

This was so intense.

Dennis is a true people's statesman.

[Gtrplyr1]

why do theses crooks not get penalized??? What the F... is wrong with our country!

[needparalegal]

Stupid fat deluded Americans don't deserve a politician like Kucinich.

[ZennLa13]

Kucinich is the man.

[daveusaz1218]

Did Ken Lewis go to prison for this? if not, somebody needs to plant a loaf of stolen bread on him, then maybe he will get some prison time.

Dennis Kucinich for president

[sobefobik]

I hate BOA, Bunch of Bastards.

[cjm608]

this man should have been the damn president of this country!!

[MrTruth178]

i like this kucinich

[PissedFechtmeister]

@davehutchinson67 I have no idea if they are good friends. Even if they were that wouldn't mean that he's not a socialist. And there's no hysteria, just listen to what Kucinich stands for.

[davehutchinson67]

@PissedFechtmeister Please..grow up. Every govt has socialist aspects.  Please stop the 50s hysteria. it's so so outdated. Do you think he and Ron Paul would be good friends if he was a socialist?

[archie977]

lets put these criminals in jail