Opinion » WTF

This week's number: 150 million

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The number of dollars that Bank of America has agreed to pay the SEC to settle claims that the banking behemoth failed to disclose to its own shareholders the massive bonuses and mounting debt at Merrill Lynch when B of A acquired its rival. The revelations of Merrill's debt in the wake of the deal sent B of A stock tumbling and the company scrambling for a $20 billion dollar bailout.


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