Saturday, May 2, 2009

29) BAC lack of disclosure caused by TSY and Fed? Is this right? If the govt pressured you what would you do?

Wb. - that is an excellent question ill be interested in cm. If ur a priest and someone says I'm going murder my wife this is the type of question. I wonder howd I'd react if bernanke. I understand why paulson and ben would want to but as ceo u have a responsibility to shareholders.



Cm - u can criticize bac for originall ml but once the deal was signed given the state of the national economy I believe they acted honorably