"It seems shameful to me that the government has such little understanding of the business reasons to justify why personnel issues should be kept confidential," said Gary Townsend, co-founder of money manager Hill-Townsend Capital in Chevy Chase, Maryland, who said he owns Bank of America preferred shares."
Hey, buddy. Get used to a bit of sunshine on your dealings. You talk about "shameful". Why don't you fully disclose your "business reasons". Are they related to kick-backs, UBS bank accounts, off-the-books payments to your friends and family? Gary Townsend, why don't you disclose your deal where you got preferred BOA shares? These are usually done with sweetheart arrangements.
Pound for pound, the amoeba is the most vicious animal on earth.