Archive for the ‘Bank of America’ Category

Judge Holds SEC Accountable for Regulating Wall Street!

In a ruling yesterday which took many by surprise, Judge Jed S. Rakoff refused to accept a $33 million settlement by Bank of America that would have resolved the Securities and Exchange Commission’s (SEC) that the bank deceived shareholders in November about bonuses to be paid by Merrill Lynch, which the bank was in the [...]