[lbo-talk] B of A's giant nuts

Chuck Grimes cgrimes at rawbw.com
Mon Sep 21 16:32:57 PDT 2009


BofA CEO Ken Lewis and the bank's lawyers apparently thought it would be hilarious to pile literally every e-mail that passed through their server onto the representative's desk. After sifting through the 70,000 pages of documents, Towns indicated his displeasure in a letter to the CEO on Friday. "You responded to this request by providing hundreds of pages of unrelated, extraneous information," he wrote.

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Tactics like that I think are often used. I think its foolish. You can hire temps on a nightshift. So that means its ultimately just a delay and there is s risk, you just handed over the case. Here are a couple of paragraphs of the Towns letter:

``On top of the bank’s refusal to provide the Committee with documents pertaining to legal advice on the BOA-Merrill Lynch merger, BOA flooded the Committee with thousands of pages of irrelevant or redacted documents...

I want to make it clear that I will exercise all authority at my disposal under Rules X and XI of the Rules of the House of Representatives to compel production. Before resorting to these further measures, however, I am hereby renewing my request that you deliver all of the relevant records, without redaction, no later than 12:00 noon, Monday September 21. 2009....''

http://oversight.house.gov/story.asp?ID=2597

The letter is cc'd to the honorable Darrell Issa, ranking minority member. But nevermind slimebag Issa. The majority co-chair is Dennis Kucinich.



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