A definition of coercion from the web ...
Coercion is the practice of compelling a person to behave in an involuntary way (whether through action or inaction)
by use of threats, intimidation or some other form of pressure or force.
US Law and Coercion .
I note that on the MISH website Paulson is being accused of illegal activity because
he used "coercion" to cause Bank America to swallow Merrill Lynch .
Under what circumstances is "coercion" illegal under US law .
It seems to me that various forms of "coercion" are used routinely in business although
the threat may not be specifically stated .
Precisely when does it become illegal and has Paulson clearly crossed the line ?
I can see that Paulson may have used threats to cause Lewis to act against the interests of Merrill shareholders .
Is that specifically a crime under US law and how serious ?
Can someone refer me to the specific criminal code concerned so I can do
the reading myself .
With thanks - Ross.
Refer ....... http://globaleconomicanalysis.blogspot.com/