Feds force BofA to buy Merrill

This is a good story from the WSJ opinion section on the recent news about Ken Lewis, head of Bank of America, being given an offer he can't refuse to buy Merrill Lynch despite the enormous debts and risk associated with the merger. Its truly shocking to think that we could have had such cowboy behavior from the feds, except that it was just another Bush legacy that Republicans can take such pride in. And this terrible behavior only serves to justify the next story's actions.