Read more Merrill Lynch stories on Newserhttp://www.newser.com/taggrid/3264/merrill-lynch.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 10:01:04 CSThttp://www.newser.com/story/71872/bank-of-america-loses-22b-as-loans-sour.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBank of America Corp. lost more $2.24 billion in the third quarter, the company announced today, as loan losses kept rising. Those losses amounted to nearly $10 billion, providing further evidence that consumers are still struggling to pay their bills. The bank also added $2.1 billion to its...http://www.newser.com/story/71872/bank-of-america-loses-22b-as-loans-sour.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 16 Oct 2009 8:02:33 CDThttp://www.newser.com/story/69882/congress-bofa-clash-over-merrill-secrets.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBank of America claims it doesn't have to produce details about its decision to merge with Merrill Lynch because the conversations are protected by attorney-client privilege. But the chairman of the House Oversight and Government Reform Committee begs to differ, reports the New York Times . The showdown peaked last week...http://www.newser.com/story/69882/congress-bofa-clash-over-merrill-secrets.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 21 Sep 2009 5:40:00 CDThttp://www.newser.com/story/69772/feds-probe-bofa-merrill-deal.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBank of America's acquisition of Merrill Lynch is the focus of an ongoing investigation by the FBI and Justice Department, sources tell the Charlotte Observer, the bank's hometown paper. The SEC and the AGs of New York and North Carolina have already launched civil probes of the timing of huge...http://www.newser.com/story/69772/feds-probe-bofa-merrill-deal.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 18 Sep 2009 15:55:54 CDThttp://www.newser.com/story/69754/merrills-thain-rues-picking-pricey-office-decor-over-ikea.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMerrill Lynch's former CEO issued an apology of sorts for spending $1.2 million—including $35,000 for a commode—to redecorate his office as the firm bottomed out, Bloomberg reports. “We decorated it in the style that Merrill Lynch offices were, which was very, very nice,” John Thain said...http://www.newser.com/story/69754/merrills-thain-rues-picking-pricey-office-decor-over-ikea.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 18 Sep 2009 12:21:55 CDThttp://www.newser.com/story/69588/8-days-that-shook-the-financial-world.html?utm_source=syn&utm_medium=rss&utm_campaign=tagJames Stewart’s reconstruction of the 8 nail-biting days, a year ago, in which the federal government stepped in to stop the collapse of the world financial system—published in the New Yorker this week, just as Fed chief Ben Bernanke was declaring the recession officially over—makes riveting, tense reading....http://www.newser.com/story/69588/8-days-that-shook-the-financial-world.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 16 Sep 2009 21:35:26 CDThttp://www.newser.com/story/69566/cuomo-hits-5-bofa-directors-with-subpoenas.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAndrew Cuomo subpoenaed five members of Bank of America’s board of directors today in his probe to uncover whether the bank was truthful to shareholders about losses at Merrill Lynch, the Wall Street Journal reports. The New York Attorney General suspects that the board was fully informed of the trouble...http://www.newser.com/story/69566/cuomo-hits-5-bofa-directors-with-subpoenas.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 16 Sep 2009 13:50:59 CDThttp://www.newser.com/story/69390/court-overturns-merrill-bofa-settlement-with-sec.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA federal judge today scrapped the $33 million settlement Bank of America and the SEC agreed on as punishment for the bank's not informing shareholders of bonuses paid to Merrill Lynch executives just before the bank bought Merrill, the New York Times reports. Saying BofA "materially lied, " Jed Rakoff noted...http://www.newser.com/story/69390/court-overturns-merrill-bofa-settlement-with-sec.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 14 Sep 2009 14:47:48 CDThttp://www.newser.com/story/66600/judge-slams-lying-bofa-merrill-over-36b-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe judge who has refused to sign off on Bank of America's settlement with the SEC over $3.6 billion in bonuses paid to Merrill Lynch delivered a stinging rebuke to both parties in a hearing yesterday, the New York Times reports. The firms "effectively lied to their shareholders" over...http://www.newser.com/story/66600/judge-slams-lying-bofa-merrill-over-36b-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 11 Aug 2009 1:50:26 CDThttp://www.newser.com/story/66214/judge-balks-at-bofa-bonus-settlement.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBank of America won't be able to quietly settle the flap over bonuses for Merrill Lynch execs with a simple $33 million payout to the SEC, a federal judge ruled yesterday. Judge Jed Rakoff refused to sign off on the settlement, saying that doing so would leave the public in...http://www.newser.com/story/66214/judge-balks-at-bofa-bonus-settlement.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 06 Aug 2009 5:00:02 CDT