Thursday 11 June 2009

Involve a third person?


6/11/2009 3:26:59 PM. I always considered myself a flexible person. Frequently moving from left to right (not the politically speaking), to avoid a direct confrontation, but when something really bug me out – I stand. Even if there are some factors that I very much wish were different, even if this may involve a risk. Today is eleventh of June. Yesterday the msnbc.com sends me my proper e-mail which I send from City library a couples months ago. This was in November of last year. Graphically interesting article about diamonds and theirs kitchen. For short period I was closely participating and watching (i.e. Gbadolit Agreement) how it’s works. Looking at my electronic agenda was “surprised” that I have in those days register this data. Mean msnbt.com make repetition like a note about this subject. Actually, very good opportunity to retain the relationships which any misunderstanding have been interrupted. I speak concretely about the half-pigs, half-dogs, half-goat russians. Concretely with swine from Rosoboronexport. Because exactly this which was laying in tonight dream. In which, the swine Mordashov from “rusia steel” impregnate me with his louses. Than SmartMoney more lately today, put an article where his outstanding debts to me contoro, will have no money after last “arrangements”. The unique worrying detail in this is if these involve a third person, which I don’t understand yet. Are they telling me the truth? Because, I go to put in my compilation the three “almost” spasms. One, from msnbt.com (http://www.msnbc.msn.com/id/15842527/from/ET/ ), another from Platts with Yuliana_Akhmetsihina@platts.com invitation, and third one, from another war, another Planet and another e-mail:

Bernanke e-mail claim in Merrill sale saga June 11 2009 00:41. Ken Lewis, chief executive of Bank of America, used the threat of invoking a “material adverse change” clause to break off his agreement to buy Merrill Lynch last December because he wanted to negotiate a lower price, Federal Reserve chairman Ben Bernanke claimed in an e-mail. Mr Lewis, who is scheduled to testify about the matter on Thursday at a congressional hearing, only dropped his threat after being told by former US Treasury secretary Hank Paulson that regulators, including Mr Bernanke, would remove him and his board if BofA tried to invoke the “MAC” clause. The House committee on oversight and government reform has been investigating whether federal regulators put undue pressure on Mr Lewis to complete an agreed deal last year to buy Merrill Lynch. After the Fed initially refused to comply with the committee’s request for documents and e-mails in the matter, the committee took the extraordinary step of issuing a subpoena on Tuesday to obtain material from the Fed that concerned the deal. One person familiar with the Fed’s history could remember only one previous occasion when it had been served with a subpoena. The Financial Times has learned that Mr Bernanke, in an e-mail, described Mr Lewis’s threat to invoke the “MAC” clause as a “bargaining chip”, and a “foolish move”, before concluding that “the regulators will not condone it”. A staffer at the Federal Reserve bank in Richmond, Virginia, said in an e-mail that top executives at BofA, including the bank’s chief financial officer, Joe Price, “want the transaction to go through but have to protect their shareholders”. Since January, when BofA revealed that it only completed the Merrill transaction following a promise of $20bn in taxpayer support from Mr Paulson, BofA shareholders have complained that Mr Lewis kept them in the dark about mounting losses at Merrill. Several have filed suit, and the Securities and Exchange Commission, as well as the government watchdog responsible for tracking funds paid out of the troubled asset relief programme (Tarp), are also investigating the matter. In January, following the disclosure that Merrill had payed $3.6bn in bonuses in late December, a month ahead of schedule and days before BofA completed is purchase of the firm, the New York state attorney-general, Andrew Cuomo, began an investigation. While conducting his probe into the bonuses paid out at Merrill Lynch, Mr Cuomo has investigated the interactions between Mr Lewis and his federal overseers. Mr Cuomo published his findings in a letter to Congress in April.

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