Pigfest 2011: Bank of America/Merrill Lynch Is Offering To Buy Claims Against MF Global

Bank of America's Merrill Lynch unit is soliciting for the purchase of claims against MF Global.

As you may recall, Bank of America is one of the major creditors of MF Global with JPM, and is reported to be one of the Debtors, along with JP Morgan, involved in the litigation trying to obtain superiority of their claims over customers whose money was taken/lost/stolen by parties unknown for now