Fred Harteis News Articles- Kenneth D. Lewis, the chief executive of Bank of America, testified before a congressional committee on Thursday that he was pressured by the government late last year to purchase Merrill Lynch.
But, he said, without the government pressure, the bank still might have completed the deal.
“It’s hard for me to project what I ultimately would have done,” Mr. Lewis said when asked if he would have walked away from the Merrill Lynch purchase. “But, yes, we were strongly considering it.
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