We now have credible reports that Hank Paulson and Ben Bernanke seriously twisted the Bank of America CEO's arm to get him to finish the acquisition of Merrill Lynch, so Merrill may not be entirely his fault, but Countrywide, a morass of fraud, bad banking, and incompetence is.
He needs to go, so that those who would be like him will think twice before being so profligate.
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