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...Those conflicting statements could be part of any charges brought by Cuomo, who would also likely look to prove that Bank of America played more of a key role in determining Merrill's year-end pay than its executives have let on. One possible bit of evidence: according to documents drawn up at the time of the acquisition, Merrill Lynch agreed that 40% of the bonuses it paid would be determined "by [Merrill] in consultation with [Bank of America...

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

...case against Bank of America - the one that was settled, but could now be revived - involves lying on a proxy statement. The good news for Lewis is that proxy fraud generally has lower penalties than regular securities fraud. The bad news is that the bar for proving that one lied on a proxy statement is much lower than for general securities fraud. In proxy fraud, the prosecution just has to prove that Lewis was negligent in not including certain information. The SEC does not have to prove, as is the case in regular securities fraud, that Lewis orchestrated a scheme...

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

...door is open for a group of determined seniors to prove its mettle...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: FOOTBALL '09: New Front-Line Faces Hit Ground Running | 9/18/2009 | See Source »

...have a really talented secondary, so if we can stop the run and force [opponents] to throw the ball, I’m really confident,” says senior defensive end Ryan Burkhead.But above all, this year’s Crimson squad is out to prove that it is its own team. Having lost its core of seniors to graduation, Murphy says the next group is ready to hit the ground running.“I have very high hopes,” Murphy says. “We’re setting the bar high?...

Author: By Dixon McPhillips, CRIMSON STAFF WRITER | Title: FOOTBALL '09: 'New' Team Ready for Title Run | 9/18/2009 | See Source »

...shoot-outs, Indonesian task forces have focused on a quieter form of battle: winning the hearts and minds of potential extremists by infiltrating their cells and preaching an alternative path or packing them off to re-education camps. The four-year pause in terrorist activity in Indonesia seemed to prove the success of such tactics...

Author: /time Magazine | Title: Why Indonesia's War on Terror Is Far From Over | 9/18/2009 | See Source »

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