Seems like before Bank of America bought Merrill Lynch the CEO give away just 3 or 4 billions in bonus employees then later Bank of America asked 20 billions to the US gov. Well it is not BoA fault, but it makes a non sens bailout to me.
http://abcnews.go.com/Business/Econo...ory?id=6707450
During this time hundred thousands of American citizens are losing their jobs and going in foreclosure !
What a shame this Merrill Lynch CEO !