http://www.msnbc.com/news/766114.asp#BODY That's even less of a slap than Merrill Lynch got. Of course AA is in a lot more trouble in the court of public opinion as many firms have already dropped them. People are still stupid enough to listen to Merrill I guess. Plus the possibility exists this ruling may enable the SEC to bar AA from auditing any publicly traded company. Still - $500,000.