Meh, We'll Get To You Eventually There

I'm not a CEO or anything, but I'm thinking refusing to meet a Congressional deadline to submit documents is a bad idea...especially if you're a bank.

Bank of America did not meet a noon deadline on Monday to submit documents and other possible evidence in the Congressional investigation of the bank’s takeover of Merrill Lynch, the House Committee on Oversight and Government Reform said.

The committee’s chairman, Representative Edolphus Towns of New York, is deciding whether to issue a subpoena to force compliance, but first he plans to meet with the bank’s chief strategy and marketing officer, Anne Finucane, on Tuesday.

Mr. Towns indicated that he planned to tell Ms. Finucane that the bank must comply with the request, and if it does not, a subpoena may be forthcoming.

And what, pray tell, do you do should BoA refuse your subpoena there, eh?

Then again, this is the same Congress that was ignred by the Bushies for years. Why should the real people running the country have to answer to Congress, for crissakes?