Quotes of the Day

Bank of America
Monday, Aug. 03, 2009

Open quoteFailing to disclose that a struggling company will pay out billions of dollars in performance bonuses obviously violates that duty. Close quote

  • ROBERT KHUZAMI,
  • director of the SEC's division of enforcement, in a statement; the SEC charged Bank of America with making false statements to investors about its pending acquisition of Merrill Lynch
Photo: Chris Keane / REUTERS | Source: New York Times