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Lawyers reportedly told BofA to keep quiet on Merrill losses

New York City : NY : USA | about 1 month ago  
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Bank of America chief executive Ken Lewis abided by Herlihy's advice, the newspaper said. After the merger won shareholder approval, and before the deal closed, Bank of America executives learned Merrill's losses were far steeper than other banks', the Times said.
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  • News Source: Charlotte Observer Online | about 1 month ago
    8 years as CEO was long enough crexrode@charlotteobserver.com Posted: Saturday, Oct. 17, 2009 In his final earnings call as Bank of America's chief executive, Ken Lewis said that eight years as CEO is enough and that he expects great things for the...
  • News Source: Charlotte Observer Online | about 1 month ago
    Bank of America chief executive Ken Lewis abided by Herlihy's advice, the newspaper said. After the merger won shareholder approval, and before the deal closed, Bank of America executives learned Merrill's losses were far steeper than other banks',...
  • News Source: Uinta County News | about 1 month ago
    Bank of America turned over a swath of documents on Friday to three government entities that have been investigating its acquisition of Merrill Lynch, fulfilling a pledge given on Monday in which the bank agreed to waive attorney-client privileges in...
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