Monday, November 9, 2009

BoA Law

What do you mean you are not a lawyer?

"Bank of America’s top lawyer lacked active license; Moynihan updated status eight days after appointment" by Todd Wallack, Globe Staff | November 5, 2009

Bank of America, already under investigation for its controversial purchase of failing investment bank Merrill Lynch, is now under fire for a legal technicality involving a high-ranking executive from Wellesley.

It turns out that the executive, Brian T. Moynihan, was not authorized to practice law when he was named the company’s top lawyer last December....

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