Will Week of Controversy Undermine Financial System Overhaul That Calls for Broad Expansion of Central Bank’s Power?
Posted on June 29th, 2009 in Apple, BAC, Bed Bath & Beyond, Ben Bernanke, Bernanke, Bloomberg, Boeing, BofA, Congress, Federal Reserve, Merrill, Merrill Lynch, Obama, Oracle, Sinopec, US Congress Apple, BAC, Bed Bath & Beyond, Ben Bernanke, Bernanke, Bloomberg, Boeing, BofA, Congress, Federal Reserve, Merrill, Merrill Lynch, Obama, Oracle, Sinopec, US Congress
Documents brought to light by key by congressional investigators hightlight real disagreement between top-level U.S. Federal Reserve officials about how it should address the Bank of America Corp.(NYSE: BAC) acquisition of Merrill Lynch & Co. Inc. are almost certain to fuel the ongoing congressional debate over the central bank’s push to expand its authority over the U.S. financial system.
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