By Aruna Viswanatha and Jonathan Stempel

WASHINGTON (Reuters) - Bank of America Corp asked a federal court on Friday to throw out two U.S. government lawsuits accusing the nation's second-largest bank of defrauding investors during the financial crisis.

The U.S. Justice Department and the Securities and Exchange Commission had accused the bank in lawsuits filed in August in its Charlotte, North Carolina hometown of fraud in its sale of $850 million of residential…

I am having a difficult time trying to separate the wheat from the chafe.

• Quants are masters of statistics and use a combination of educated speculation and logical analysis to make the best possible investment decisions for their employers and their clients.

Salary

• As of May 2010, Payscale lists the median annual salary range of a quant as $60,063 through $92,849, although quantitative analysis…