Former Minister of Finance Henry Paulson United States in July, will testify before a special Congressional committee investigating absorption of Merrill Lynch, Bloomberg News reported, citing the statement of Representative Committee Jenny Rosenberg.
exact date of presentation has not yet been appointed. Representative Michael G. Paulson Davis refused to comment on this information.
Legislators United States believes that the Ministry of Finance and the central United States have put pressure on Bank of America in order to push it to the end absorption of Merrill Lynch.
Indications
G. Paulson should shed light on the progress of the deal, say experts. Toward the end of 2008, the head of Bank of America Kenneth Lewis said the desire to abandon the absorption of Merrill Lynch. Representatives of the Republican Party argued that regulators overstepped their authority and threatened to depose K. Lewis from his post if the deal is not concluded.
Federal Reserve Chairman Ben Bernanke will answer questions about the commission takeover Merrill Lynch on June 26.
previously reported that Bank of America completed the absorption of Merrill Lynch in January 2009, concealing from investors that the losses for the fourth quarter of 2008 significantly exceeded the expectations of management finkompanii led by K. Lewis. Regulators feared that the refusal of the Bank of America deal and the collapse of Merrill Lynch could cause substantial damage to the U.S. financial system. Experts do not exclude the possibility that authorities could resort to pressure to convince K. Lewis, however, stress that is too early to draw final conclusions.
The way back
Zakolosivshiesya ambitions
Forex - results of day
Half of Germans leave can not afford
Ukraine drops demand for expensive drugs
Yushchenko signed a law to increase the excise tax on beer.
Stelmakh: The financial system of Ukraine has shown clear signs of stabilization
Manual Petrol
Cold calculation
Former Minister of Finance of the U.S. shed light on the details of absorption of Merrill Lynch
Former Minister of Finance Henry Paulson United States in July, will testify before a special Congressional committee investigating absorption of Merrill Lynch, Bloomberg News reported, citing the statement of Representative Committee Jenny Rosenberg.
exact date of presentation has not yet been appointed. Representative Michael G. Paulson Davis refused to comment on this information.
Legislators United States believes that the Ministry of Finance and the central United States have put pressure on Bank of America in order to push it to the end absorption of Merrill Lynch.
Indications
G. Paulson should shed light on the progress of the deal, say experts. Toward the end of 2008, the head of Bank of America Kenneth Lewis said the desire to abandon the absorption of Merrill Lynch. Representatives of the Republican Party argued that regulators overstepped their authority and threatened to depose K. Lewis from his post if the deal is not concluded.
Federal Reserve Chairman Ben Bernanke will answer questions about the commission takeover Merrill Lynch on June 26.
previously reported that Bank of America completed the absorption of Merrill Lynch in January 2009, concealing from investors that the losses for the fourth quarter of 2008 significantly exceeded the expectations of management finkompanii led by K. Lewis. Regulators feared that the refusal of the Bank of America deal and the collapse of Merrill Lynch could cause substantial damage to the U.S. financial system. Experts do not exclude the possibility that authorities could resort to pressure to convince K. Lewis, however, stress that is too early to draw final conclusions.
The way back
Zakolosivshiesya ambitions
Forex - results of day
Half of Germans leave can not afford
Ukraine drops demand for expensive drugs
Yushchenko signed a law to increase the excise tax on beer.
Stelmakh: The financial system of Ukraine has shown clear signs of stabilization
Manual Petrol
Cold calculation