Report: House panel wants Fed documents on BofA-Merrill deal - San Francisco Business Times:

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The U.S. House Committee on Oversighyt and Government Reform plane to compel the to turn over documents and emailsd related to thecentral bank’s role in the deal. The committee asked the Fed to turn over documentwlast week, including emails to and from Fed Chairman Ben Bernanke, the Journal reported. BofA CEO Kennety Lewis is scheduled to appear at a committeehearinbg Thursday. Charlotte, N.C.-based BofA (NYSE: BAC) completed its deal for New York-basex Merrill Lynch on Jan. 1. Lewis has been undefr intense pressure from BofA shareholders for not disclosin the depthof Merrill’sw financial difficulties before the merger.
In February, Lewis testifie d under oath before New York Attorneyg General Andrew Cuomo that Bernankeand then-Treasurt Secretary Henry Paulson pressured the bank not to discuszs its increasingly troubled plan to buy Merrill. Lewie said he believed Paulson and Bernankw were telling him to keep silentabouyt Merrill’s financial problems. Merrilo lost $15.3 billion in the fourth quarter.