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Showing posts with label kenneth lewis. Show all posts
Showing posts with label kenneth lewis. Show all posts

Tuesday, August 25, 2009

BofA claims that it didnt lie to Investors..


Bank of America is again caught in a swarm of controversy.

Insiders close to this story believe that BofA may not have been 'truthful' in telling its investors about BofA's executives bonuses'...

Bank of America claims it never lied to any of its investors...

Thursday, April 30, 2009

Lies, Threats, Deal: Paulson, Bernanke, Lewis


Revelations that Ken Lewis had his arm twisted at the highest levels of government to buy Merrill should make for some interesting litigation...

By Robert Lenzner
www.forbes.com

Wednesday, April 29, 2009

Did Bernanke Bully Bank of America ?


A new report by the New York Attorney General says that government officials bullied Bank of America Chief Ken Lewis into accepting a merger with Merrill Lynch--then ordered him to keep mum about losses at Merrill..

www.forbes.com

Monday, April 27, 2009

Busting Bank of America


The cavalier use of brute government force has become routine, but the emerging story of how Hank Paulson and Ben Bernanke forced CEO Ken Lewis to blow up Bank of America is still shocking. It's a case study in the ways that panicky regulators have so often botched the bailout and made the financial crisis worse..

http://online.wsj.com

Sunday, April 26, 2009

Knives out for 'reckless' Bank of America boss


Ken Lewis was preparing for the fight of his life this weekend in a high-stakes battle to retain his job as chief executive of Bank of America when shareholders assemble for the annual meeting of the financial giant...

www.independent.co.uk

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.

Decision time at Bank of America Merrill Lynch


By William Wright:

Efinancialnews.com: If politics is the art of postponing decisions until they are no longer relevant, then it is time for Bank of America and Merrill Lynch to stop playing politics and get on with making their merger work...