Ken Lewis may need to clear a spot on his retirement schedule for a court date.
The New York Attorney General's office announced today that they're
charging Bank of America and its former CEO Ken Lewis with fraud.
The charges stem from BofA's disastrous merger with Merrill Lynch and
their alleged failure to disclose important information about the deal
to shareholders or the federal government.
This investigation drives right to the heart of the financial crisis and taxpayers deserve to have all the facts. Tell
Bank of America to come clean with all the information surrounding the
Merrill Lynch deal: http://action.seiu.org/bofacharges
If proven true, these fraud charges could expose the shady nature of the
deals made behind closed doors that helped fuel our economic collapse.
And they'll send a powerful message to Wall Street's CEOs: You can't
expect to crash our economy, take our money, and walk away scot-free.
Stand up for transparency in the big banks - call on Bank of America to come clean with all the information surrounding these charges: http://action.seiu.org/bofacharges
Actions have consequences. The truth matters. Let Bank of America know that taxpayers will continue
to seek the truth, and we will hold them accountable for their actions.
