Bernanke, Paulson forced Merill deal: BoA chief

Ben Bernanke, the chairman of the Federal Reserve, and Hank Paulson, a former US treasury secretary, have been accused of pressurising Bank of America to go ahead with their takeover of investment bank Merrill Lynch after they attempted to back out of the deal.

Andrew Cuomo, the attorney general of New York State said in a letter dated Thursday addressed to lawmakers and regulators that Ken Lewis, the chief executive officer of Bank of America, had attempted to rescind the acquisition of

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