Paulson likely to face tough questioning on Merrill deal

By News Services

BY ZACHERY KOUWE
New York Times

Rep. Edolphus Towns, D-N.Y., demanded to know in June “who was holding the shotgun” that forced Bank of America into a hastily arranged marriage with the struggling Wall Street giant Merrill Lynch.

Towns, the chairman of the…

Tags: Bank of America, financial crisis, Henry Paulson, Merrill Lynch

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