Sep
14th
2009
Mon
14th
2009
Judge Rejects Settlement Over Merrill Bonuses
I hearby nominate Jed S. Rakoff for Man of the Week. He’s the Manhattan judge who rejected a settlement that let Bank of America off with a $33 million slap on the wrist for a case involving $3.6 billion in bonuses that were paid by Merrill Lynch late last year, just as that firm was about to be merged with Bank of America. (N. Y. Times)
Tags: money
