Bank of America Settlement on Hold »
By Randall Holcombe | Wednesday August 12, 2009 at 11:41 AM PDT | 1 Comment
In a blog post last week I questioned the fairness of the $33 million settlement Bank of America had agreed to with the SEC for concealing information related to its merger with Merrill Lynch. Now U.S. District Court Judge Jed Rakoff has put that settlement on hold, saying he is not convinced the settlement...
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Tags: Bailouts, Budget and Tax Policy, Business, Economics, Law, Money and Banking, Property Rights, Taxation
