Back pain is one of the most common, and frustrating issues today - effecting over 35 million people every single day, and costing over $100 billion dollars a year…
gust 3, 2009, Bank of America agreed to pay a $33 million fine, without admission or denial of charges, to the U.S. Securities and Exchange Commission (SEC) over the non-disclosure of an agreement to pay up to $5.8 billion of bonuses at Merrill. The bank approved the bonuses before the merger but did not disclose them to its shareholders when the shareholders were considering approving the Merrill acquisition, in December 2008. The issue was originally investigated by New York Attorney General Andrew Cuomo, who commented after the suit and announced a settlement that "the timing of the bonuses, as well as the disclosures relating to them, constituted a 'surprising fit of corporate irresponsibility'" and "our investigation of these and other matters pursuant to New York's Martin Act will continue." Congressman Kucinich commented at the same time that "This may not be the last fine that Bank of America pays
for how it handled its merger of Merrill Lynch." A federal judge, Jed Rakoff, in an unusual action, refused to approve the settlement on August 5. A first hearing before the judge on August 10 was at times heated, and he was "sharply critic" of the bonuses. David Rosenfeld represented the SEC, and Lewis J. Liman, son of Arthur L. Liman, represented the bank. The actual amount of bonuses paid was $3.6 billion, of which $850 million was "guaranteed" and the rest was shared amongst 39,000 workers who received average payments of $91,000; 696 people received more than $1 million in bonuses; at least one person received a more than $33 million bonus. On September 14, the judge rejected the settlement and told the parties to prepare for trial to begin no later than February 1, 2010. The judge focused much of his criticism on the fact that the fine in the case would be paid by the bank's shareholders, who were the ones that were supposed to have been injured b
y the lack of disclosure. He wrote, "It is quite something else for the very management that is accused of having lied to its shareholders to determine how much of those victims' money should be used to make the case against the management go away," ... "The proposed settlement," the judge continued, "suggests a rather cynical relationship between the parties: the S.E.C. gets to claim that it is exposing wrongdoing on the part of the Bank of America in a high-profile merger; the bank's management gets to claim that they have been coerced into an onerous settlement by overzealous regulators. And all this is done at the expense, not only of the shareholders but also of the truth." While ultimately deferring to the SEC, in February 2010, Judge Rakoff approved a revised settlement with a $150 million fine "reluctantly", calling the accord "half-baked justice at best" and "inadequate and misguided". Addressing one of the
concerns he raised in September, the fine will be "distributed only to Bank of America shareholders harmed by the non-disclosures, or 'legacy shareholders', an improvement on the prior $33 million while still "paltry", according to the judge. Case: SEC v. Bank of America Corp., 09-cv-06829, United States District Court for the Southern District of New York. Investigations also were held on this issue in the United States House Committee on Oversight and Government Reform, under chairman Edolphus Towns (D-NY) and in its investigative Domestic Policy Subcommittee under Kucin
Not only that, but back pain and sciatica can also lead to weight gain, depression, anxiety, insomnia, acid reflux, digestive disorders, and even sexual problems.
I don't think it's a stretch to say that back pain & sciatica are 2 of the most dangerous, yet overlooked, health ailments today.
But, what if there was a simple solution to your problems?
What if a simple "stretch" could ERASE all of your back pain…
WITHOUT dangerous and possibly life-threatening surgeries, expensive prescriptions, frustrating visits to your doctor and other professionals…
My friend Emily was just like you - struggling every single day with back pain when she decided "enough was enough" and poured herself into discovering a simple solution to her pain, depression, anxiety, and anger…
After countless hours of trial and error, she was able to discover a simple, and somewhat strange, "stretch" that completely eliminated her back pain once and for all, and now she wants to share that stretch with you.
> Discover the #1 stretch that ERASES back pain & sciatica (works even better for people over the age of 40)
The honest truth is that most medical treatments for back pain do NOT stop the "hidden" cause of your pain - they only seek to stop the symptoms, or just cover them up by "deadening" the muscles.
This simple stretch ELIMINATES the root cause of your pain, and can completely
erase your back pain & sciatica problems once and for all.