From the New York Post
Informer: BofA hawked risky deals to customers
By KAJA WHITEHOUSE
Last Updated: 4:39 AM, October 29, 2010
Posted: 11:59 PM, October 28, 2010
Bank of America aggressively pushed complex derivatives products on customers in the midst of the financial meltdown without warning them of the substantial risks associated with them -- and even told investors the products were "extremely conservative" -- a former employee claims in a letter delivered to Securities and Exchange Commission chief Mary Schapiro. Click here to read more. Bof A, what a bunch of bums.
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