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Former Treasury Secretary Henry Paulson said he warned Bank of America (BAC) CEO Ken Lewis that regulators could remove him and other executives at the company if they pulled out of a deal to buy Merrill Lynch, he told a congressional committee investigating the deal. Paulson told the House...

Federal Reserve Chairman Ben Bernanke took his turn today before a Congressional committee investigating last year's acquisition of Merill Lynch by Bank of America (BAC). He told lawmakers the central bank acted with "the highest integrity" in discussions about the deal. "I did not play a role in...