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Bank of America hires former Va. AG, former justice official for foreclosure defense

Former state and federal prosecutors are among the growing phalanx of lawyers being hired by Bank of America as it seeks to defend itself against accusations of wrongdoing in processing foreclosures.

Richard Cullen, former attorney general of Virginia, and Brian Boyle, who served as a deputy assistant U.S. attorney general during President George W. Bush's tenure, are among those who have been helping the company deal with a multistate probe launched by all 50 states.

Reuters reported that Cullen already has been communicating with the offices of various state attorneys general and that Boyle participated in a conference call between the bank and representatives from the Florida attorney general's office.

Cullen, chairman of the McGuireWoods law firm, was Virginia's attorney general from 1997-1998. Boyle is a partner in the D.C. office of O'Melveny & Myers.

By Ariana Eunjung Cha  | October 28, 2010; 12:30 PM ET
Categories:  Housing  
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Bank of America is a joke. It is running scared and mismananges virtually all divisions. I would hate to be a major playa stock heavy with the BofA house of cards in my portfoli-ohhhhhh-Noooo !

Posted by: Anonymous | October 29, 2010 9:35 AM | Report abuse

BANK OF AMERICA is being sacrificed!
YOU DESERVE IT! Look what you have done to America. You have destroyed it with your greed. You will face the consequences. It won't be any better for us. But guess who survives the storm? Hint: It ain't you all.

Posted by: shred11 | October 30, 2010 12:54 AM | Report abuse

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