The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
January 13, 2010

Regulators Accuse BoA of Hiding Merrill Losses
----------------------------------------------



Federal regulators, meanwhile, have sued Bank of America for allegedly
hiding billions of dollars in losses at Merrill Lynch before acquiring
the firm in December 2008. The suit follows a separate case over Bank of
America’s alleged failure to disclose billions in bonuses at Merrill
Lynch paid out after the acquisition. That case is set to go to trial
later this year.



.