TheNewsRoom | Bank of America to Turn Over Merrill Info

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Bank of America to Turn Over Merrill Info

October 13, 2009

Bank of America has agreed to release more information surrounding its Merrill Lynch acquisition to regulators. Congressional investigators as well as New York Attorney General Andrew Cuomo will have access to details on the decision making process surrounding the Merrill acquisition, and the alleged failure by Bank of America authorities to disclose how bonuses would be paid at Merrill subsequent to the deal.