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...Even if Lewis escapes charges in the SEC case, he will still have to dodge New York attorney general Cuomo, who is also reportedly weighing charges against chief financial officer Joe Price over the Merrill bonuses and other issues surrounding the combination of the two banks. Neither Lewis nor Price could be reached for comment, though a Bank of America spokesman recently provided this statement to the Wall Street Journal: "We will continue to cooperate with the Attorney General's office as we maintain that there is no basis for charges against either the company or individual members...

Author: /time Magazine | Title: The Rise and Sudden Fall of Bank of America's Ken Lewis | 9/18/2009 | See Source »

...billion in additional Merrill trading losses, Neil Cotty, B of A's chief accounting officer, responded, "BTW ... thank you for this ... they did ask ..." Importantly, none of the e-mails say the information on Merrill's losses was needed before presentations being made to Bank of America's CFO Price...

Author: /time Magazine | Title: The Rise and Sudden Fall of Bank of America's Ken Lewis | 9/18/2009 | See Source »

...Dakota School of Law, said that the error was completely unintentional and that he was “not sure where the number came from or where the mistake came from.” Some Harvard Law students expressed doubt about using clerkship percentages to determine rankings. Nicholas A. Price, a first-year law student, said that “Yale and Stanford are known for attracting people who want to go into academia,” so it would make sense that their students would have a higher interest in clerkships. Rachel M. Sanchez, also a first-year, stated...

Author: By Henry A. Shull, CONTRIBUTING WRITER | Title: HLS Clerkships Fall Short in Ranking | 9/18/2009 | See Source »

...movie’s start, Whitacre seems to be a simple biotechnology worker appalled at the corruption in the company’s business practices. It is out of the goodness of his heart, or so he claims, that he volunteers to inform on ADM’s price fixing agreements. As a spy, Mark Whitacre is nothing like Jason Bourne. Matt Damon is almost unrecognizable beneath his round face, thick glasses, toupee, and moustache. He easily charms us with his stutter, awkwardness, and apparent good nature, even as he utters one bold-faced lie after another. Damon adeptly tricks...

Author: By Rachel A. Burns, CRIMSON STAFF WRITER | Title: The Informant! | 9/18/2009 | See Source »

...Baucus on Wednesday finally unveiled his bill to overhaul the nation's health-care system. The Montana Democrat did his best to sell the controversial proposal, stressing that it was largely in line with the principles laid out last week by President Barack Obama: it has a 10-year price tag of less than $900 billion, doesn't add to the deficit and includes a mechanism to ensure that those with pre-existing conditions can't be denied coverage. But Baucus' relentlessly positive spin couldn't change the fact that for all the wrangling and delays, not a single Republican...

Author: /time Magazine | Title: 5 Things Dems Don't Like About the Baucus Bill | 9/17/2009 | See Source »

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