Tuesday, 09 February 2010




and two of its former bosses have been charged with fraud for allegedly misleading shareholders during the takeover of . The New York attorney general's office said last night it had filed civil charges against the bank and its former chief executive, Ken Lewis, claiming the bank misled investors about before in early 2009. Civil charges were also being filed against Joe Price, the bank's former chief financial officer. has been accused of failing to properly disclose losses at Merrill and...
Full Story: The Observer



 

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