Comment on BofA Withheld Depth of Merrill Loss in 2008: Filings - Fox Business

BofA Withheld Depth of Merrill Loss in 2008: Filings - Fox Business

msnbc.comBofA Withheld Depth of Merrill Loss in 2008: FilingsFox BusinessTop executives at Bank of America Corp did not tell shareholders just prior to a 2008 vote on its purchase of Merrill Lynch & Co that losses were mounting and expected to weigh down earnings for years, papers filed in private shareholder litigation ...Bank of America Accused of Hiding Bad News on Merrill Before BuyoutDailyFinanceHow Many Times Will Bank Of America's Shareholders Pay For Merrill?ForbesMerrill Losses Were Withheld Before Bank of America DealNew York TimesThe Seattle Timesall 62 news articles »

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  • BofA Withheld Depth of Merrill Loss in 2008: Filings
    They may also strengthen the contention that Bank of America withheld material information just prior ... Steven Singer, a lawyer for the shareholders, declined to comment. Merrill's fourth-quarter loss at the time of the vote was expected to be $9 billion ...
    06/4/2012 - 10:47 am | View Link
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