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Merrill Lynch Bank of America

Why It's Wrong When Wrongdoers Are Allowed to Admit No Wrongdoing

Arianna Huffington | Posted 11.10.2009 | Business

Read More: Merrill Lynch, JP Morgan, Jefferson County, Merrill Lynch Bonuses, Merrill Lynch Bank of America, Bank of America, SEC Bank of America, SEC BofA, Jefferson County Jp Morgan, Judge Jed Rakoff, Business News
Arianna Huffington

When corporate perpetrators don't have to admit they did anything wrong, it's as if the crime never happened. Which, of course, makes it much more likely that it will happen again.

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The Smartest Guy in the Room

Dan Collins | Posted 10.27.2009 | New York

Read More: Andrew Cuomo, Wall Street, Merrill Lynch Bonuses, Ken Lewis, Merrill Lynch Bank of America, Bank of America, Bernard Madoff, US Attorneys, Securities and Exchange Commission, Judge Jed Rakoff, New York News
Dan Collins

Shock waves from Judge Jed Rakoff's scathing denunciation of a proposed settlement between the SEC and the Bank of America are still rippling through Wall Street and Washington.

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Despite Pay Czar's Cuts, Many Top Executives Have Already Left Bailed-Out Firms

washingtonpost.com | Tomoeh Murakami Tse and Brady Dennis | Posted 10.23.2009 | Business

Read More: Tarp, Wall Street Pay. Kenneth Feinberg, CEO Pay, Bailout, Merrill Lynch Bank of America, Aig, Banks, Pay Czar, Bank Pay, Citigroup, Business News

The administration had tasked Kenneth Feinberg, the Treasury Department's special master on compensation, to evaluate the pay packages of 25 of the mo...

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Bank of America Emails: Executives Knew Of Merrill Losses Before Shareholder Vote

washingtonpost.com | Tomoeh Murakami Tse | Posted 10.21.2009 | Business

Read More: Merrill Lynch, John Thain, Ken Lewis, Merrill Lynch Bank of America, Bank of America, House Oversight and Government Reform Committee, Business News

NEW YORK -- Congressional investigators think that reams of internal documents turned over by Bank of America last Friday show that its executives wer...

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B of A's Ken Lewis: Beware What You Wish For

Jill Schlesinger | Posted 10.01.2009 | Business

Read More: Bank of America, Andrew Cuomo, Merrill Lynch Bonuses, Ken Lewis, Judge Jed Rakoff, Merrill Lynch Bank of America, Business News
Jill Schlesinger

Ken Lewis likes to spring news on the market, which is why his resignation from Bank of America shouldn't have been all that surprising. But it was and here's why.

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Letting the Banking Rats Out of the Bag

Robert Scheer | Posted 09.11.2009 | Business

Read More: Tarp, Robert Scheer, Treasury Department, TARP Money, Merrill Lynch Bonuses, Economy, Merrill Lynch Buyout, Bank of America, Obama Administration, BofA Bonuses, Bofa, Judge Jed Rakoff, BofA CEO, Merrill Lynch, Wall Street, Merrill BofA, Merrill Lynch Bank of America, Sec, Securities and Exchange Commission, Wall Street Bonuses, Business News
Robert Scheer

Why has it been left to one stellar judge to sound the alarm on Bank of America and Merrill Lynch, and why is Congress and the Obama administration looking the other way?

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Bank Of America Settles With SEC For $33M Over Merrill Deal

AP | Posted 09.03.2009 | Business

Read More: Merrill Lynch, Sec, Bank of America, Ken Lewis, Merrill Lynch Bank of America, Business News

WASHINGTON (AP) -- Bank of America has agreed to pay a $33 million penalty to settle government charges that it misled investors about Merrill Lynch's...

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Hank Paulson Rewrites History Before Congress

David Fiderer | Posted 08.18.2009 | Business

Read More: Merrill Lynch, John Thain, Hank Paulson, Lehman Brothers, Ken Lewis, Tim Geithner, Merrill Lynch Bank of America, Bank of America, Federal Reserve, Financial Crisis, Henry Paulson, Timothy Geithner, Barclays, Business News
David Fiderer

The fallout of Paulson's two disastrous decisions (to let Lehman fail and reverse his position on foreclosure relief) prompted the former Treasury Secretary to abuse his powers, with some not-so-veiled threats.

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Bernanke's a Bully and Ken Lewis Is a Weenie

Jill Schlesinger | Posted 08.11.2009 | Home

Read More: Bank of America, Ben Bernanke, House-Committee-on-Oversight-and-Government-Reform, Ken Lewis, Merrill Lynch Bank of America, Home News
Jill Schlesinger

Lawmakers may have grilled the wrong wiener today.

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POLL: Did The Fed Cover Up The BofA Merrill Lynch Deal?

Posted 07.26.2009 | Business

Read More: Merrill BofA, Bernanke Lewis, Merrill Lynch Bank of America, Poll, Darrell Issa, Bernanke, Bank of America Merrill Lynch, Bofa Merrill, Ken Lewis Ben Bernanke, Business News

Federal Reserve Chairman Ben Bernanke is testifying before Congress today where he will be grilled on Bank of America's acquisition of Merrill Lynch. ...

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Fed Covered-Up BofA Merrill Deal: Rep. Darrell Issa

Reuters | Posted 07.25.2009 | Business

Read More: Merrill Lynch, Darrell Issa, Federal Reserve, Bofa, Merrill Lynch Bank of America, Ben Bernanke, Business News

WASHINGTON, June 24 (Reuters) - The Federal Reserve sought to hide its extensive involvement and concerns about Bank of America Corp's (BAC.N) acquis...

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Cuomo Accuses Merrill Of "Misleading" Congress On Timing Of Bonuses

Huffington Post/AP | Marcus Baram | Posted 04.11.2009 | Business

Read More: Merrill Lynch Misleading, Merrill Lynch Bonuses, Merrill Lynch, Merrill Lynch Bank of America, Cuomo Merrill Lynch, Bailout Outrage, Business News

SCROLL DOWN FOR THE COURT FILING New York Attorney General Andrew Cuomo, in a court filing, accused Merrill Lynch of "misleading" Congress about the ...

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Merrill Lynch Trading Inquiry: Hundreds Of Millions Possibly Lost

New York Times | LOUISE STORY and ERIC DASH | Posted 04.06.2009 | Home

Read More: Merrill Lynch Trading, Bank of America, Merrill Lynch, Trading Merrill Lynch, Bank-of-America-Merrill-Lynch, Merrill Lynch Trading Losses, Merrill Lynch Bank of America, Home News

CHARLOTTE, N.C. -- One Merrill Lynch trader apparently gambled away more than $120 million in the currency markets. Others seemingly lost hundreds of ...

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John Thain's Redecoration Refund: Will Pay Back $1.2 Million To Bank Of America

CNBC | Maria Bartiromo | Posted 02.27.2009 | Business

Read More: John Thain Decorator, Merrill Lynch, John Thain Office, John Thain Rug, John Thain, John Thain Redecoration, Merrill Lynch Bank of America, Business News

Former Merrill Lynch CEO John Thain, who was ousted last week from Bank of America, defended the acquisition of Merrill by Bank Of America, saying it ...

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John Thain Leaving Bank Of America

AP | STEPHEN BERNARD and IEVA M. AUGSTUMS | Posted 02.22.2009 | Business

Read More: Bank of America, Merrill Lynch, John Thain Bank of America, John Thain, Merrill Lynch Bank of America, Business News

NEW YORK — John Thain resigned under pressure from Bank of America on Thursday after reports he rushed out billions of dollars in bonuses to Mer...

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Merill Lynch Gave Out Billions Of Bonuses Before BofA Deal

Financial Times | Greg Farrell and Julie MacIntosh | Posted 02.22.2009 | Home

Read More: Merrill Lynch, Merrill Lynch Bonuses, Bonuses, Wall Street Bonuses, Merrill Lynch Bank of America, Home News

Merrill Lynch took the unusual step of accelerating bonus payments by a month last year, doling out billions of dollars to employees just three days b...

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Merrill Lynch's Thain To Take Role At Bank Of America

DealBook | Posted 11.02.2008 | Business

Read More: Bank of America, Merrill Lynch, Merrill B of A, John Thain, Thain Bank of America, Merrill BofA, Merrill Lynch Bank of America, Business News

Merrill Lynch's chairman and chief executive, John A. Thain, will remain at Bank of America after the merger of the two financial giants, Charlotte-ba...

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