Kucinich Rips Lewis For Duping Shareholders (VIDEO)

[wroberts189]

http://www.huffingtonpost.com/2009/06/12/kucinich-rips-lewis-for-d_n_214890.html

snip...

Bank of America CEO Ken Lewis took a pounding Thursday from the House Committee on Oversight and Government Reform. One of the most damning exchanges occurred between Lewis and Dennis Kucinich (D-Ohio), when Kucinich exposed Lewis' request for government cover from shareholder lawsuits stemming from BofA's troubled merger with Merrill Lynch.

Prior to the merger, according to Kucinich, Lewis requested a letter from New York Fed chairman Ben Bernanke and then-Treasury Secretary Hank Paulson declaring that the government had ordered him to acquire Merrill's losses. Kucinich presented e-mails from Bernanke and his general counsel contradicting Lewis' own claim that his lawyers didn't think disclosure of Merrill losses to his shareholders before the merger was necessary.

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Kucinich ... You rock.

[nosmokes]

1. Kucinich is one of the few congress critters that actually deserve the

salutation - honorable.

i wish the dude was as tall and good looking as his wife, then people might actually vote for him.

[Crewleader]

2. k&r

:thumbsup:

[marketcrazy1]

3. GO Dennis!!!

Big K/R.... I was watching this live on Bloomberg, when Dennis started ripping into him they cut away for " breaking news " I was shocked! ( NOT!! )

[Stevepol]

4. Why don't KO and Rachel and Big Ed show some of DK's grilling.

This is exactly what the American people want to see: these criminals in the banking sector having to face the truth.

Thank God for DK.