Word: fact
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...according to the SEC complaint, Lewis and other Bank of America executives had full knowledge of Merrill's plans to pay out bonuses to top executives. In fact, prior to sending out the proxy statement, the complaint asserts, Bank of America had agreed to let Merrill pay out as much as $5.8 billion in year-end bonuses, a little over $2 billion more than Thain actually paid out. In settling the SEC complaint - paying the fine - Bank of America neither confirmed nor denied the charges...
...Even if Lewis holds on this his job, the hiring of Krawcheck underscores the fact that Bank of America has a growing honesty issue with shareholders. Krawcheck has a reputation on Wall Street as being Ms. Clean. Fortune magazine (TIME and Fortune share the same publisher) once dubbed Krawcheck the "last honest analyst" on Wall Street...
...refused to return voluntarily to Mass. to face criminal charges which include first degree murder, accessory after the fact of murder, carrying a gun without a license, and armed robbery. Jiggetts already faced a similar extradition hearing last month, which was also adjourned...
CORRECTION: An earlier online version of this article incorrectly stated that actress Ashley Judd graduated from the University of Kentucky in 1990. In fact, though she left the school that year, Judd did not finish all the requirements for a French degree until 2007. The article has been updated to reflect this correction...
...marches in the weeks after Iran's June election went from Imam Khomeini Square past Tehran's main bazaar. According to a witness, thousands of bazaaris closed their shops so they could stand outside and watch hundreds of thousands of green-clad protesters silently walk by. In fact, the route had been designed to draw Iran's merchants and workers into the growing opposition coalition to make it seem as if it had the support of Iran's commercial sector...