Andrew Cuomo, New York
attorney general, claims Bank of America, former Chief Executive Kenneth
Lewis and former Chief Financial Officer Joe Price lied to shareholders
about the acquisition of Merrill Lynch & Co.
The 10-year return, the most frequently cited metric to gauge the
health of venture capital firms, declined 8.4% for the period ending
September 30, 2009.
The Chicago
Public School Teachers’ Pension & Retirement Fund (CTPF) and the
City of Atlanta Firefighters' Pension Plan filed the lawsuit over
securities lending losses.
The
potential takeover of Northumbrian by its largest shareholder
illustrates the lure of infrastructure to
investors seeking long-term stable cashflows.