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US pressed bank on Merrill, Gifford says

Takeover testimony of executives at odds in US House inquiry

By Todd Wallack
Globe Staff / November 18, 2009

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WASHINGTON - Two top Bank of America Corp. executives gave a congressional committee conflicting versions of the bank’s controversial takeover of Merrill Lynch & Co. , one saying that the federal government pressed the financial giant to complete the deal while the other testified he did not feel coerced. (Full article: 892 words)

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