Getting your player ready...
NEW YORK — The state attorney general’s office subpoenaed five members of Bank of America Corp.’s board Wednesday as part of an investigation into its acquisition of troubled investment bank Merrill Lynch, according to a person familiar with the investigation.
The directors are expected to be questioned about what they knew regarding the mounting losses and bonus payments at Merrill before the deal closed on Jan. 1 and what role they played in deciding whether to disclose that information to shareholders.
