BofA’s CEO: Fed pressured bank to buy Merrill

CEO says gov't pressured bank to buy Merrill Lynch
Bank of America Chief Executive Officer Kenneth Lewis says his bank decided to buy Merrill Lynch partly because it was pressured to do so by the Federal Reserve.

SEC to `vigorously pursue' charges against BofA
The Securities and Exchange Commission has expanded its probe of Bank of America to include the bank's possible failure to disclose mounting losses at Merrill Lynch, a top agency official...

Ex-BofA exec says no role in bonuses
The deposed top attorney of Bank of America Corp. says he played no role in drafting the bank's agreement to allow Merrill Lynch to pay billions of dollars in bonuses to its employees nor in...

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