Did Fed Chief Threaten Bank of America?

We all know there’s more going on behind the scenes than what is publicly known, and here’s another example. Crooks wheeling and dealing behind the scenes, with the American taxpayer being used as the petty cash fund.

Bank of America low-life chief Ken Lewis recently testified before congress on his questionable behavior regarding B of A’s subsumption of Merrill Lynch. At the time, the bank looked like they were weathering the economic storm enveloping the nation, and were able to handle the hefty purchase price of the dying ML. Soon after, we found that just the opposite was true, and we the American taxpayer got stuck with the bill.

Now comes potentially explosive allegations that Lewis may have been coerced, threatened, and otherwise bullied into acquiring Merrill Lynch. He made these assertions to New York attorney general Andrew Cuomo. Now congress wants to hear essentially the same story, complete with the names of the aforementioned bulliers.

And Lewis dropped some pretty big names. How about Ben Bernanke, the Fed Chief, and Hank Paulsen, former Treasury Secretary. Apparently, there are some damning e-mails that make the government look even more crooked than we know they already are.

It should at least be entertaining to see these clowns turn on each other. What isn’t entertaining is that the pockets of America have already been picked, and that money isn’t coming back.