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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: Edolphus Towns

Edolphus Towns stories: 2 news summaries

 Congress, BofA 
 Clash Over Merrill Secrets 

Bank insists merger talk protected, Towns issues spill deadline

Sep 21, 09 5:40 AM CDT
(Newser) - Bank of America claims it doesn't have to produce details about its decision to merge with Merrill Lynch because the conversations are protected by attorney-client privilege. But the chairman of the House Oversight and Government Reform Committee begs to differ, reports the New York Times. The showdown peaked last week... More »

MORE ABOUT:
Bank of America • merger • Merrill Lynch • bailout • House Committee on Oversight and Government Reform • financial crisis • Edolphus Towns

Paulson: BofA-Merrill Deal Saved US From 'Great Peril'

Actions saved nation from 'great peril,' he says

Jul 16, 09 11:15 AM CDT
(Newser) - Former Treasury Secretary Henry Paulson says his role in Bank of America’s acquisition of Merrill Lynch was appropriate and necessary, MarketWatch reports. “I am confident that our responses were substantially correct and that they saved this nation from great peril,” Paulson told a House oversight committee today... More »

MORE ABOUT:
Bank of America • Federal Reserve • Henry Paulson • Merrill Lynch • economy • financial crisis • Wall Street bailout • TARP • Ken Lewis • Edolphus Towns

2 Stories


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