Bank of America exec loses millions after court says you can't moon your boss

Lol, Sometimes, it just pays to be meek.

You almost have to admire Jason Selch.

Back in 2005, Selch ended a meeting with his bosses at Bank of America by pulling down his pants and mooning them.

Most of us would, at the very least, understand that this would be not just the end of the meeting but the end of our job. You can get away with a lot of things in corporate America, but mooning your boss isn't one of them.

The self-confidence of Selch, however, is made of sterner stuff than that. Selch not only thought he shouldn't be fired. He took Bank of America to court when they fired him for the mooning.

Selch had been a Chicago-based employee at Wanger Asset Management for more than decade when it merged with Columbia Asset Management, a subsidiary of Bank of America, in 2005.

As so often happens in these Wall Street mergers, some of the employees of Wanger weren't happy with the way the new bosses planned