He said the Bank of Boston might also hold some.
Bank of Boston is also suffering from poor real estate loans.
It was the third time that a potential merger has fallen through for the Boston bank.
And he wanted in the worst way to pass the Bank of Boston.
But the suit against the Bank of Boston has taken that difference to a new level.
Then Bank of Boston bit the bullet and wrote off $200 million worth.
"When you look at the options for Bank of Boston, this is far and away the best one," she said.
Bank of Boston is the country's 19th-largest bank, with $43.4 billion in assets.
'How much more time is the Boston bank giving you to find the two million?'
The Bank of Boston has argued that a local owner would be better.