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Attorneys general from 20 states reached an agreement that will require Bank of America to pay $137.3 million for its part in a bid-rigging scheme, according to the Securities and Exchange Commission (SEC). The financial institution is accused of defrauding state agencies, municipalities, schools districts, hospitals and other non-profit organizations by rigging bids on municipal bond contracts.
Dec. 8, 2010
Attorneys general from 20 states reached an agreement that will require Bank of America to pay $137.3 million for its part in a bid-rigging scheme, according to the Securities and Exchange Commission (SEC).
The financial institution is accused of defrauding state agencies, municipalities, schools districts, hospitals and other non-profit organizations by rigging bids on municipal bond contracts
Gitmo may be WikiLeaks’ next target - Dec. 8, 2010
WikiLeaks founder Julian Assange has reportedly told media contacts that he has a large cache of files on the US's detention facility in Guantanamo Bay.
Reuters quotes an unnamed "contact" who says Assange has "got the personal files of every prisoner in Gitmo."
WikiLeaks is expected to disclose a trove of secret information about Bank of America sometime early next year which the site's founder said would reveal "an ecosystem of corruption."