This is pretty funny. BofA and Merrill Lynch were separate entities. Tossing the current management wasn't exactly part of anything the Fed or Treasury had jurisdiction to do. If anybody can find me the clip of which bone head congressman asked this, I'd love to hear about it. The government has only ousted Rick Wagoner, and that was by presidential edict. Asking Paulson or Bernanke why they didn't throw management out is like asking, "How come you didn't take over the company for making these loans?" When was making a loan the same as owning the company? I'd really like to know what idiot in congress asked that one.