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Bank Of Amer Sees Paying Departing Vice Chairman Up To $37 Million WASHINGTON -(Dow Jones)- Bank of America Corp. (BAC) said Friday that it expects to pay James H. Hance Jr., its departing vice chairman, a retirement package with an actuarial value of up to $37 million. Bank of America said in a Securities and Exchange Commission filing that Hance, who has been with the Charlotte-based company for nearly 18 years, has accrued about $2.69 million in annual retirement benefits under three Bank of America plans. As announced in a press release Thursday, Hance plans to step down as vice...

SAN FRANCISCO -- A California jury has decided Bank of America illegally raided the Social Security benefits of a million customers and awarded damages that could exceed $1 billion. The San Francisco Superior Court jury verdict, reached Wednesday after a six-week trial, requires Bank of America to pay $75 million to the entire group, plus $1,000 in special damages to each customer who proves the bank's actions caused substantial emotional or economic harm. Charlotte, N.C.-based Bank of America predicted the verdict will be overturned in a planned appeal. Even if the verdict is upheld, the bank believes its damages are...

Second Thoughts By: William W. Lawrence We have some interesting letters on this page. Raymond Euler of Newtown -- with whom I usually agree -- is blasting State Rep. Steve Barrar (R-160) for expressing doubts about the new drunk driving standard decreed by our princes in Washington.However, Steve, a superb legislator, is dead right.The proposed (ordered, actually) standard is .08-percent blood alcohol (BAC) content. I can't think of a single accident -- much less a serious one -- in the 20 years I have edited this paper in which a .08-percent BAC was a significant factor. I'm having trouble thinking...

To the Press: Today under current Pennsylvania laws, local and state police officials have the authority to arrest and charge an individual with a DUI that is found to have a Blood Alcohol content (BAC) level of .05 or higher when a driver is proven to be impaired due to consumption of alcoholic beverages.

"The bill Governor Taft signed today included these proposals with some changes. One change reduces the blood alcohol content (BAC) limit for Operating a Motor Vehicle under the Influence from .10 BAC to .08 BAC, a provision that puts the state in compliance with federal mandates. States that do not lower the limit by 2004 will receive a two percent reduction in federal highway funding each fiscal year through 2007."