Thedeal.com: Those rumors about Ken Lewis resigning or getting the boot as CEO of Bank of America Corp. (NYSE:BAC) just keep swirling and swirling. Meanwhile, Lewis, seems to already have one foot out the door.
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Showing posts with label banking laws. Show all posts
Showing posts with label banking laws. Show all posts
Monday, April 20, 2009
Ken Lewis has one foot out the door
Thedeal.com: Those rumors about Ken Lewis resigning or getting the boot as CEO of Bank of America Corp. (NYSE:BAC) just keep swirling and swirling. Meanwhile, Lewis, seems to already have one foot out the door.
BofA's wallet may be full enough to repay TARP
BofA Head Kenneth Lewis boldly told the Charlotte Observer Wednesday that BofA could repay the borrowed monies immediately if it were not maintaining higher-than-normal capital to account for the "fragile" state of the financial system.
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