You are not logged in

New York Magazine

Skip to content, or skip to search.

Skip to content, or skip to search.

Knicks Boxed In As NBA Draft Arrives
Someone Else Has Angered Sarah Palin

Fed Chairman Ben Bernanke Regrets Rien

  • 6/25/09 at 11:50 AM
Fed Chairman Ben Bernanke Regrets Rien

Photo: Getty Images

Lawmakers are getting feisty ("IS PAULSON LYING?" "IS KEN LEWIS LYING?"), but Professor Bernanke seems to be keeping his cool on the Hill this morning, where he's being questioned about the alleged threats he and Henry Paulson made last year to prevent Bank of America CEO Ken Lewis from backing out of the deal to acquire Merrill Lynch. “The Federal Reserve acted with the highest integrity throughout the discussions with Bank of America regarding that company’s acquisition of Merrill Lynch,” he said in his prepared statement. "I have nothing I regret about the whole transaction.” DealBook is live-blogging and the House Oversight Committee is streaming it, if you want to watch Darrell "It's all a cover-up!" Issa's veins pop out of his neck in real time.

Share
Advertising
Senior Editors
Chris Rovzar and Jessica Pressler
Managing Editor
Jessica Coen
Articles Editor
Nick Catucci
Assistant Editor
Dan Amira

Recent News