Andrew Cuomo Has Had Enough with Bank of America’s Cowardice

The Attorney General, shockingly on the verge of “making charging decisions” with respect to Bank of America and its executives, sent an angry letter to Cleary Gottlieb, legal advisors for “TARP For Life” club member Bank Of America, demanding that Ken Lewis and other executives who may face some serious fines and or jailtime, stop hiding behind a client-attorney privilege which is preventing his office (and in a separate matter, that of Jed Rakoff) from making decisions on the matter of how much material information was hidden or misrepresented in the Merrill Acquisition, and present all the critically needed information. Read more about Bank of America

Share

Speak Your Mind