Former Bank of America CEO Tries to Sell House Where Terrible Thing Once Happened

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Photo: Cottingham-Chalk/Bissell-Hayes

Former Bank of America CEO Ken Lewis and his wife have put their Charlotte, North Carolina, home on the market for $4.5 million. This is not because they're leaving the area — in fact, they are moving to another place nearby, the Journal informs us. No, there is another, darker reason why they are leaving this seemingly perfect southern estate behind. Hopefully forever.

It's because one time, not that long ago, something terrible happened at this house. The WSJ recounts the chilling tale:

Mr. Lewis was in this home when he first received a call from Merrill Lynch & Co. CEO John Thain suggesting that Bank of America consider an investment in the New York securities firm. That call led to the September 2008 decision to buy Merrill, a transaction that produced profits for the bank during a tough 2009. But the circumstances surrounding the deal are the subject of a civil securities fraud case brought by New York Attorney General Andrew Cuomo. Mr. Lewis is among the defendants in the case. Through an attorney he has denied the charges.


Every night since he has woken up, sheets twisted around his naked and barrel-shaped torso, forehead dripping with sweat, screaming: "DON'T ANSWER THE PHONE!" You'd move, too, if that had happened to you.

Ken Lewis Puts His Charlotte Home Up for Sale [WSJ]