The SEC is going after BofA again on failing to disclose Merrill losses before closing the deal last year.
Former AIG CEO Hank Greenberg has a plan to rescue AIG and cut the government’s stake to 20%. So far the government ain’t buying’, Reuters reports.
Markets are quiet this afternoon. EUR/USD is steady in the mid-1.4520s while stocks are marginally firmer and bonds little changed. Gold is $10 below session highs of $1161.
