The drama continues: Thain attacks Bank of America

Douglas McIntyre

Bank of America (BAC) has gotten into trouble for everything -- from succumbing to government pressure to close its deal with Merrill Lynch to the size of Merrill bonuses to the sale of the CEO's Porsche to the CFO. And now it gets one more straw on the camel's back.

John Thain, former CEO of Merrill, who would have become a senior officer at the bank after the buyout but left B of A under pressure, says that the bank has made false comments about his role in the marriage of the two companies.

  • DJI30996.98-179.03-0.57%
    NASDAQ13543.0612.150.09%
    S&P 5003841.47-11.60-0.30%
  • NIKKEI 22528631.45-125.41-0.44%
    Hang Seng29447.85-479.91-1.60%
    DAX13873.97-32.70-0.24%
  • USD (PER EUR)1.220.00010.01%
    USD (PER CHF)1.13-0.0003-0.02%
    JPY (PER USD)103.770.26500.26%
    GBP (PER USD)1.37-0.0046-0.34%