• Bank of America CEO Ken Lewis testified under oath that Fed chairman Ben Bernanke and former Treasury Secretary Hank Paulson pressured him to keep quiet about BofA's plans to buy Merrill Lynch. [WSJ, CNN]
• Credit Suisse reported a profit of $1.7 billion for the first quarter. [BN]
• Executives from a bunch of credit card companies will face off against President Obama today over possible limits on fees and interest rates. [BN]

• Data showing a drop in existing home sales during the month of March and weak earnings may put a damper on the market today. [WSJ, CNN]
• Officials plan to meet with top execs from each of the 19 major banks on Friday to deliver the results of the stress tests. [NYT]
• The office of Attorney General Andrew Cuomo is planning to investigate the office of New York City comptroller William Thompson in connection with the pension corruption inquiry. [NYT]
• A bidding war has erupted for the remnants of Bernie Madoff's trading operation, believe it or not. [DB]