More On: Rakoff Ruling Approving SEC/Bank Of America Deal

There already are a number of good articles on the Web exploring Judge Rakoff’s “grudging” approval of the SEC/Bank of America $150 million settlement relating to B of A’s Merrill Lynch acquisition.

The next issue, of course, is N.Y. Attorney General Andrew Cuomo’s suit against Bank of America, stemming from the same events.
 
The best reports we have found about the Rakoff ruling so far are available at: http://www.washingtonpost.com/wp-dyn/content/article/2010/02/22/AR2010022202062.html?hpid=topnews; http://abcnews.go.com/Business/wireStory?id=9908596; http://www.latimes.com/business/la-fi-bank-america-sec23-2010feb23,0,4745099.story;
http://www.businessweek.com/news/2010-02-22/bank-of-america-150-million-sec-accord-is-approved-update2-.html; and http://www.nydailynews.com/money/2010/02/22/2010-02-22_halfbaked_justice_at_best_judge_approves_secbank_of_america_150m_settlement_on_m.html.