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Tag Archives: Bank of America

Bank of America told aid may help stock, e-mail shows

Bank of America Corp. signed off on its government-assisted purchase of Merrill Lynch & Co. after U.S. regulators said the deal might boost the shares, e-mails from two executives showed. Instead, the stock collapsed. “The chairman of the Federal Reserve ...

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Democratic fundraiser stole $292M, grand jury alleges

Hassan Nemazee, a top fundraiser for President Barack Obama and Hillary Clinton who was arrested last month for defrauding banks, was indicted by a grand jury for stealing $292 million from Citigroup, HSBC Holdings and Bank of America. Prosecutors last ...

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GE’s fraud case could use a judge gone wild

Finally a judge has dared say no to the once-venerable Securities and Exchange Commission and one of its cozy corporate settlements. If that wasn’t novel enough, this fellow first had the nerve to ask the SEC a bunch of questions ...

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