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Judge to Decide on Merrill Bonuses

Friday, March 13, 2009

A judge says he'll decide within a week whether Bank of America has to cough up a list of performance bonuses given to top employees of Merrill Lynch, days before Merrill was acquired by Bank of America. State Supreme Court Justice Bernard Fried didn't indicate how he would rule, but during the court hearing he questioned Bank of America's claim that salary information was a trade secret. New York Attorney General Andrew Cuomo has subpoenaed the list as part of his investigation into executive pay and bonuses.

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