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“Failing to disclose that a struggling company will pay out billions of dollars in performance bonuses obviously violates that duty.” - Robert Khusami, director of the SEC's division of enforcement, in a statement; the SEC charged Bank of America with making false statements to investors about its pending acquisition of Merill Lynch
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“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
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