Edolphus Towns

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BofA fails to meet congressional deadline

Reuters US Online Report Business News 61 days ago

NEW YORK/WASHINGTON (Reuters) - Bank of America Corp <BAC.N> failed to meet a Monday midday deadline to hand over further details about its acquisition of Merrill Lynch to a congressional investigative committee, a panel spokeswoman said. Bank of America "did not comply ...

Lawmaker faults BofA's response to Merrill inquiry

Reuters US Online Report Business News 61 days ago

NEW YORK (Reuters) - A congressman accused Bank of America Corp <BAC.N> of meeting his requests for information with volumes of irrelevant documents and has set a Monday deadline for more information, according to a letter obtained by Reuters. The September 18 ...

Democrat resists subpoenaing VIP mortgage records

AP News 114 days ago

Democratic chairman won't sign subpoena for Countrywide VIP mortgage records House Democrats have declined to subpoena available records that might reveal whether other members of Congress got discounted VIP mortgages from subprime lender Countrywide Financial Corp. similar to the sweetheart deals given ...

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