Reuters: Thain says hid nothing from BofA, to repay costs

[chris]

Thain says hid nothing from BofA, to repay costs
      

NEW YORK (Reuters) - Former Merrill Lynch Chief Executive John Thain defended the acquisition of the brokerage by Bank of America Corp and said the bank knew of Merrill's losses and bonuses before the merger closed.<div class="feedflare">
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