Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

BofA Hid Merrill Losses Before Purchase

3 years after meltdown, shareholder lawsuit pries out info

By Mark Russell,  Newser Staff

Posted Jun 4, 2012 3:01 AM CDT | Updated Jun 4, 2012 6:29 AM CDT

(Newser) – More than three years after Bank of America's $50 billion takeover of Merrill Lynch went horribly awry, leading to a second mammoth taxpayer bailout of $20 billion, a shareholder lawsuit against the bank is finally producing details about who knew what and when, reports...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
17 comments
 

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   World History Project   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne