Friday, August 8, 2008

Bank of America gets subpoenas, reports SEC probe

A Bank of America advertisement is seen outside one of its branches in New York July 21, 2008. (Shannon Stapleton/Reuters)
Reuters - Thu Aug 7, 5:39 PM ET

NEW YORK (Reuters) - Bank of America Corp , the largest U.S. retail bank, said on Thursday it received subpoenas and requests for information relating to auction-rate securities from federal and state government agencies.

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