The number of dollars that Bank of America has agreed to pay the SEC to settle claims that the banking behemoth failed to disclose to its own shareholders the massive bonuses and mounting debt at Merrill Lynch when B of A acquired its rival. The revelations of Merrill’s debt in the wake of the deal sent B of A stock tumbling and the company scrambling for a $20 billion dollar bailout.

This article appears in Feb 25 – Mar 3, 2010.

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This week's number: 150 million

by Source Weekly, The Source - Bend, Oregon
February 24, 2010

<h1>This week&apos;s number: 150 million</h1> <p class="byline">by Source Weekly, The Source - Bend, Oregon <br />February 24, 2010</p> <p>The number of dollars that Bank of America has agreed to pay the SEC to settle claims that the banking behemoth failed to disclose to its own shareholders the massive bonuses and mounting debt at Merrill Lynch when B of A acquired its rival. The revelations of Merrill&apos;s debt in the wake of the deal sent B of A stock tumbling and the company scrambling for a $20 billion dollar bailout.</p> </p> </p> <p>This &lt;a target=&quot;_blank&quot; href=&quot;https://www.bendsource.com/opinion/this-weekandaposs-number-150-million-2135206/&quot;&gt;article&lt;/a&gt; first appeared on &lt;a target=&quot;_blank&quot; href=&quot;https://www.bendsource.com&quot;&gt;The Source - Bend, Oregon&lt;/a&gt; and is republished here under a &lt;a target=&quot;_blank&quot; href=&quot;https://creativecommons.org/licenses/by-nd/4.0/&quot;&gt;Creative Commons Attribution-NoDerivatives 4.0 International License&lt;/a&gt;.&lt;img src=&quot;https://i0.wp.com/www.bendsource.com/wp-content/uploads/2026/03/cropped-Untitled-design-4.png?resize=150%2C150&amp;amp;ssl=1&quot; style=&quot;width:1em;height:1em;margin-left:10px;&quot;&gt;</p> &lt;img id=&quot;republication-tracker-tool-source&quot; src=&quot;https://www.bendsource.com/?republication-pixel=true&amp;post=14535&quot; style=&quot;width:1px;height:1px;&quot;&gt;&lt;script&gt; PARSELY = { autotrack: false, onload: function() { PARSELY.beacon.trackPageView({ url: &quot;https://www.bendsource.com/opinion/this-weekandaposs-number-150-million-2135206/&quot;, urlref: window.location.href }); } } &lt;/script&gt; &lt;script id=&quot;parsely-cfg&quot; src=&quot;//cdn.parsely.com/keys/bendsource.com/p.js&quot;&gt;&lt;/script&gt;

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