It just doesn't stop - now we find out that Bank of America and their (sorely missed?) former employee John Thain have been interfering with an investigation by the New York attorney general.
You'd think that with everything else going (including Citi doing an ever more convincing "dead bank walking" routine), cooperation with the government might be a smart move. Trust Merrill/Bank of America to miss that. Then again, coming back to my "chercher le Merrill" theorem, perhaps I shouldn't be surprised
Friday links: long term investing
12 hours ago
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