CSPAN June 12, 2009
thank you all for being here today on september 15, tw2008 wn the financial crisis was at its height bank of america announced that it was purchasing merrill lynch, creating one of the nation's largest financial institutions. at the time bank of america's ceo, mr. lewis, called the merger a great opportunity for bank of america shareholders. when it was announced on september 15th, this merger was a marriage negotiated between two willing parties. it was designed for the exclusive benefit of private shareholders. it was to be paid for exclusively with private money. f...