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"(The bank) denies the allegations and is entering into this settlement to eliminate the...

"(The bank) denies the allegations and is entering into this settlement to eliminate the uncertainties, burden and expense of further protracted litigation," says Bank of America (BAC) regarding its settlement of claims relating to the Merrill Lynch acquisition. "Resolving this litigation removes uncertainty and risk and is best in the interests of our shareholders," says CEO Moynihan. (PR)
Comments (3)
  • My LNG strangle (the 5th time this month) is up 38% from yesterday

     

    Why waste time and money on bad banks moving up or down a fraction

     

    Its great I want to spread the word to make everyone RICH

     

    SPREAD THE WEALTH!!!
    28 Sep 2012, 10:54 AM Reply Like
  • Now my strangle on FB is up 35%

     

    Isnt life GREAT!!!

     

    SPREAD THE WEALTH.

     

    Questions? Straight answers

     

    Because

     

    I am not paid

     

    Not a Politician.
    28 Sep 2012, 11:00 AM Reply Like
  • Bank of America/Merrill Lynch: O sure we did nothing wrong. We are paying out hundreds of millions of shareholder $$ just to "clear the air"
    Yuk,yuk! I have just the Bridge you would like. That would clear up(out) the rest of what little is left.
    28 Sep 2012, 04:39 PM Reply Like
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