Morning Scan: Who's to Blame for B of A's Accounting Blund...

04/29/14

Receiving Wide Coverage ...

Bank of America's Big Blunder: The papers are abuzz with the question of who Â-- or what Â-- is to blame for the big accounting error that caused Bank of America to misreport its capital levels under the Federal Reserve's stress test. Perhaps the bank's employees need to work on their listening skills, if the Wall Street Journal's characterization of the mistake as rooted in a "communications blunder" between two internal units...

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