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A judge rejected a $33m settlement that would have ended the SEC's lawsuit against Bank of America, which is accused of not using enough judgment in giving executive bonuses. The settlement, said the judge, was unfair and inadequate. Shocker. [NYT]
Send an email to Andrew Belonsky, the author of this post, at andrew.belonsky@gmail.com.
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Sep 15, 2009 6:00 AM
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