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Cuomo Letter Exposing Paulson's and Bernanke's (In)visible Hand In The Merrill Deal
We really hope Mr. Bernanke is enjoying the current market rally. Actually Ben, before you invoke yet another bank examination privilege, this was rhetorical - it is directed more at Mr. Cuomo. Andrew - is it about time to investigate whether Mr. Bernanke told AIG to be a little loose with providing P&L to its counterparties? Or maybe why Goldman's principal program trading is effectively driving markets and whether Mr. Bernanke's blessing is also involved in some way? Inquiring minds want to know.
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