Cuomo v Bank of America, Round 2

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Yesterday, New York Attorney General Andrew Cuomo began running for Governor errr trying his case in the media when he publicly called on Bank of America to waive attorney-client privilege so that he, AG Cuomo, could determine what crimes if any were committed. Well, it appears the game is afoot and Bank of America is just as familiar with the court of public opinion. Today, Lewis Liman from Cleary Gottlieb, BofA’s outside counsel, reminded Cuomo that the Bank has not invoked the privilege and that Cleary has asked to meet with Cuomo on several occasions to clear the matter up. Both sides claim to want to have a heart to heart, but first they want to make sure everyone knows the other guy is stalling. We’ll keep you posted as developments warrant.