Mar 7 2009

US: Undisclosed Losses at Merrill Lynch Lead to a Trading Inquiry

Bank of America chief executive, Kenneth D. Lewis, is trying to bridle Merrill Lynch traders, whose rush into risky investments nearly brought down the brokerage firm. But questions over the Merrill losses — in particular, who knew about them, and when — keep swirling.

Jan 28 2009

BofA vows to track and report loan activity

Bank of America chief executive officer Ken Lewis and top Democrats in Washington are in agreement on one point: Americans need to know what their banks are doing with taxpayer funds.

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