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teapeebubbles

09/21/09 10:24 PM

#67916 RE: teapeebubbles #67915

SEC going to trial against BofA over bonuses- AP

The Securities and Exchange Commission said Monday it will go to trial against Bank of America Corp. over billions of dollars in bonuses paid at Merrill Lynch, which the bank acquired in a hastily arranged deal a year ago at the height of the financial crisis.