{"id":10898,"date":"2009-06-25T00:00:00","date_gmt":"2009-06-25T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"lawmaker-accuses-fed-of-over-up-in-bofa-deal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2009\/lawmaker-accuses-fed-of-over-up-in-bofa-deal.html","title":{"rendered":"Lawmaker accuses Fed of &#8216;over-up&#8217;  in BofA deal"},"content":{"rendered":"<p>Reuters &#8211; The <span class=\"yshortcuts\">Federal Reserve<\/span> sought to hide its involvement in <span class=\"yshortcuts\">Bank of America Corp<\/span>&#8216;s (<span class=\"yshortcuts\">BAC<\/span>.N) acquisition of <span class=\"yshortcuts\">Merrill Lynch<\/span> as Merrill&#8217;s financial condition worsened, the top Republican on the House Oversight and Government Reform Committee said on Wednesday.                 <\/p>\n<p> The Fed &quot;engaged in a cover-up and deliberately hid concerns and pertinent details regarding the merger from other <span class=\"yshortcuts\">federal regulatory agencies<\/span>,&quot; <span class=\"yshortcuts\">Representative Darrell Issa<\/span> said in a statement released to Reuters.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/us.rd.yahoo.com\/dailynews\/rss\/business\/*http:\/\/news.yahoo.com\/s\/nm\/20090625\/bs_nm\/us_bankofamerica_bernanke\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; The Federal Reserve sought to hide its involvement in Bank of America Corp&#8216;s (BAC.N) acquisition of Merrill Lynch as Merrill&#8217;s financial condition worsened, the top Republican on the House Oversight and Government Reform Committee said on Wednesday. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3491,5820,5818,5816,13501,13502,509,3628,13500,5428,418,46,13503,6756,4326],"class_list":["post-10898","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-acquisition","tag-bac","tag-bank-of-america","tag-bank-of-america-corp","tag-darrell-issa","tag-federal-regulatory-agencies","tag-federal-reserve","tag-government-reform-committee","tag-house-oversight-and-government-reform-committee","tag-merger","tag-merrill-lynch","tag-oversight","tag-pertinent-details","tag-republican","tag-reuters"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10898"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10898\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}