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06/13/09
House: Regulators misused power in bank deal
Filed under: General, Business, Mortgages
Posted by: Lillian Wong @ 5:40 pm

WASHINGTON - House lawmakers on Thursday accused federal regulators of a gross misuse of power in orchestrating a “shotgun wedding” between Bank of America Corp. and Merrill Lynch & Co. that cost U.S. taxpayers $20 billion.  more…



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