Wheatley Orders Major Libor Makeover, Goldman Settles Pay-to-Play Ch...

09/28/12

Breaking News This Morning ... $2.4B to Make It Go Away: Bank of America agreed to pay $2.43 billion to settle a class-action lawsuit brought by investors who claimed, among other things, that the bank misled them about the health of Merrill Lynch, which B of A was in the process of buying. B of A denies the allegations, but said it just wanted to put the dispute to rest. "Resolving this litigation removes uncertainty and...

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