Why did Bank of America Corp. fire its general counsel last December in the middle of a controversial merger? According to sources, GC Tim Mayopoulos was called out of a meeting and into the office of then-chief risk officer Amy Brinkley, who fired Mayopoulos on the spot and had him escorted from the building without giving a reason. It wasn't performance-related, says corporate spokesman Robert Stickler, and it wasn't related "to any advice he was giving on the Merrill Lynch merger." Then why?
Why Was Bank of America's GC Fired in the Middle of a Controversial Merger?
September 11, 2009