The Wolfman of Bank of America
No one comes off well in the new Merrill Lynch snuff book, 'Crash of the Titans,' but one character distinguishes himself.
Skip to content, or skip to search.
Skip to content, or skip to search.
No one comes off well in the new Merrill Lynch snuff book, 'Crash of the Titans,' but one character distinguishes himself.
Also, he wasn't responsible for the "entire" financial crisis.
Somewhere, Ken Lewis is saying "I told you so."
Ken Lewis's house is full of bad memories.
He exchanged it for a "less showy" Maserati, according to his dealer.
He will do it! HE WILL.
The Bank of America CEO was being hounded by his mother, for one.
This makes us feel less bad about CEO Ken Lewis getting no pay this year.
Ken Lewis, the outgoing CEO of Bank of America, will get no salary or bonus for 2009, and he'll have to pay them $1 million.
Meanwhile, inside Bank of America, some employees are quietly celebrating the CEO's resignation.
The North Carolina–based CEO is "really tired of all the mud that was being piled on him," says a source.
Now the bank will have to face off against Representative Edolphus Towns.
In response to a subpoena, Bank of America drops a pile of useless e-mails on a congressman's desk.
The bank fights back against the attorney general's accusations that they were "hindering" his investigation into Merrill Lynch bonuses.