Despite denials, Feds knew of Merrill bonuses | WHAT REALLY HAPPENED


Despite denials, Feds knew of Merrill bonuses

Court documents show that federal regulators were told about billions of dollars in bonuses awarded to Merrill Lynch executives during the company's takeover by Bank of America - contradicting statements to Congress by Federal Reserve Chairman Ben S. Bernanke and former Treasury Secretary Henry M. Paulson Jr.

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