BofA Exec on Merrill Deal: “Screw the Shareholders”
October 15, 2009 by admin
Bank of America Corp. executives considering the company’s purchase of Merrill Lynch & Co. last year admitted to one another that the deal meant “screw the shareholders” and that it was critical they not create an email trail that might come back to haunt them.
The exchanges were among emails and other documents the bank turned over to the House Committee on Oversight and Government Reform this week in an effort to answer questions about the controversial deal. Read more about Bank of America…
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