Kucinich Grills Ken Lewis on Fed Emails videos Site

Added: Jun 11, 2009

Duration: 4:18

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.

Channel: News

Tags: merger perjury bank of america ken lewis merrill lynch dennis kucinich federal reserve fed

Rating: 4.95171' max='5' min='1' numRaters='497' rel='http://schemas.google.com/g/2005#overall ( ratings) Views: 50274 Comments: 298

prayfortruejustice Says:

Feb 13, 2010 - Here is an idea whose time has come. Proposed 28th Amendment to the United States Constitution: "Congress shall make no law that applies to the citizens of the United States that does not apply equally to each of the U.S. Senators and Representatives; and, Congress shall make no law that applies to the personal benefit of Senators and/or Representatives that does not apply equally to each of the citizens of the United States. "

NoGodHereOnlyMuzik Says:

Feb 23, 2010 - Amen to that shit. Man. . . No one kould've said it better.

NoGodHereOnlyMuzik Says:

Feb 23, 2010 - Dizzamn. I'm sorry to hear that happened to you. Now take that anger and join the revolution. Teaching others iz the key. Spread the word by wind. Fight bak.

AntacidForTheMind Says:

Mar 6, 2010 - Ken Lewis is a snake.

bsgoalie101 Says:

Mar 18, 2010 - Kucinich just might be one of the last of (seemingly) honest pols. Don't know much about R. Paul, but the two seem similar on that front. He draws poison from the snakes.

floridawaterfronttv Says:

Mar 20, 2010 - ...and now Mr Kucinich's balls are in Obama's pocket and he will vote to butt ram America with the dismantling of the republic...er...uh..healthcare bill. Nice job Dennis, but I liked you when you pretended to be a force against evil.

politicalfarce Says:

Mar 27, 2010 - Talk is cheap. Why is the guy not in jail?

SuperFifthwheel Says:

Mar 30, 2010 - @politicalfarce just my opinion, but this is a way to make commitees look like their doing something, This is a system that evolved into corruption ring and there is nothing we can do to undo the 80 some odd years of BS they have weaved.

wawq1 Says:

Apr 2, 2010 - How did Ken Lewis ever get in such a powerful position? He's so dithering.

dwightirons Says: