Don't forget, Paulson to testify tomorrow about BAC - 2:45

Full article here - WSJ WASHINGTON -- Former Treasury Secretary Henry Paulson plans to tell lawmakers he acted appropriately in warning Bank of America Corp. Chief Executive Kenneth Lewis that the firm's management could be ousted if it walked away from its deal to buy Merrill Lynch, saying such a move would have suggested a "colossal lack of judgment." [Henry Paulson] Mr. Paulson, in remarks prepared for an appearance before a House panel on Thursday, said that Bank of America had no legal basis to nix the Merrill deal in the wake of rising losses at the investment bank last December. Any attempt to cancel the merger would have threatened the viability of both Bank of America and Merrill, as well as the broader financial system, Mr. Paulson said. Link to the released statement by Paulson - WSJ