This post by Glenn Greenwald, one of the targets of a campaign on behalf of Bank of America to cover its very wealthy ass against a potential leak of documents purportedly showing deep corruption and fraud at the highest levels of the corporation. (Gee -- why does this start to sound so familiar? I guess everybody's doing it.)
It's a thorough summary of events to date (and I'm happy to see that two of the security firms involved are feeling the heat) and being Greenwald, it's thoroughly documented and linked to other commentaries.
Welcome to the Banana Republic of America.