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Friday, October 16, 2009

Video: Pay Czar's Long Reach

The Treasury's pay czar Kenneth Feinberg pushed outgoing Bank of America chief Ken Lewis into giving back about $1 million in 2009 pay, sparking controvery over the government's reach. Plus, BofA and GE post lower earnings. This and more in the News Hub.

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Tuesday, September 22, 2009

Video: Further Trouble For BAC

Bank of America (BAC) continues to be in the hot seat today, after the Securities and Exchange Commission said yesterday it will pursue charges related to bonuses paid after its acquisition of Merrill Lynch last year, and the bank missed deadlines to provide information to a congressional committee.

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