Ken Lewis is probably a little bummed out that he will no longer be the CEO of Bank of America — but how sad can he be with a $53 million pension?
merril lynch
Bank Of America CEO: We Had To Acquire Merrill Lynch To Save The Economy
By 6.11.09
Are you a Bank of America shareholder who is angry at CEO, (and former chairman of the board) Ken Lewis for going ahead with the Merrill Lynch deal? Well, you’re just mean. It wasn’t his fault. At least, that’s what he’s just testified before the House Committee on Oversight and Government Reform.
Is Bank of America About To Become THE Bank of America?
By 2.5.09
Bank of America‘s stock slid to a 20 year low today as investors became increasingly convinced that the bank would be nationalized. Share tumbled 18% early today, before climbing back up in the afternoon, says CNNMoney.
By 10.30.07
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Merril Lynch CEO resigns, interim nonexecutive chairman chosen. Sub-prime meltdown spares none. [NYT]
By 10.24.07
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Merril Lynch a $7.9 BILLION write-down from sub-prime mortgage losses. [CNN Money]
