Here is another example of how the use of the money from the ”stimulus bill” has done little to stimulate the economy but instead has stimulated the pockets of those individuals whose greed have put this economy in the shape that it’s in.
In what appears to be an act of obstruction of justice, Bank of America threatened to sue a former employee if he cooperated in a probe by the Attorney General Andrew Cuomo of $3.6 billion in Merrill Lynch bonuses issued immediately before Bank of America took over Merrill.
These threats appeared to have been an attempt to coerce the former Merrill employee from responding to a subpoena by the Attorney General’s office which sought information of Bank of America and Merrill’s flurry of bonuses before the takeover.
The Attorney General’s office has reported these threats to the judge overseeing the investigation.
The bank claims this information is proprietary and would be useful to its competitors, a claim Cuomo says is without merit.
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