Ken Lewis

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Brian Moynihan: Bank Of America's New CEO

AP | IEVA M. AUGSTUMS | Posted 12.17.2009 | Business

Read More: Bank of America New CEO, Bank of America, Brian Moynihan, Ken Lewis, Bank of America CEO Search, Tarp, Bofa, Business News

CHARLOTTE, N.C. — In two weeks Brian Moynihan will take on what is sure to be the toughest job of his career: Running the nation's biggest bank....

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Brian Moynihan Named Bank Of America CEO

AP | IEVA M. AUGSTUMS | Posted 12.17.2009 | Business

Read More: Brian Moynihan, Bank of America, Bofa, Ceo, Moynihan CEO, Bank of America Ceo, Ken Lewis, Business News

CHARLOTTE, N.C. — In two weeks Brian Moynihan will take on what is sure to be the toughest job of his career: Running the nation's biggest bank....

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SEC Widens Probe Into BofA, Merrill Deal

AP | MARCY GORDON | Posted 12.11.2009 | Business

Read More: Robert Khuzami, Bank of America, Bofa-Merrill-Lynch-Bonuses, Sec, Securities and Exchange Commission, Ken Lewis, Bofa, Business News

WASHINGTON — The Securities and Exchange Commission has expanded its probe of Bank of America to include the bank's possible failure to disclose...

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Bailout Refunds Are Really About Escaping Pay Limits: Andrew Ross Sorkin

nytimes.com | ANDREW ROSS SORKIN | Posted 12.08.2009 | Business

Read More: Pay Czar, BofA CEO Search, TARP Repayments, Pay Limits, Ken Lewis, Bank of America, Wall Street Pay, Tarp, Business News

Bank of America is paying back $45 billion in taxpayer-provided bailout money, and the government now says it expects to get back $200 billion in thos...

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BofA CEO Search To Be Aided By Lifting Of TARP Pay Restrictions

AP | SARA LEPRO | Posted 12.03.2009 | Business

Read More: Bank of America, Wall Street Pay, CEO Pay, TARP Repayments, Bank of America Ceo, Ken Lewis, Bofa, Pay Czar, BofA TARP, Kenneth Feinberg, Business News

NEW YORK — Bank of America Corp. has been having a tough time finding a new CEO willing to accept the restrictions that came as a condition of b...

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Bank Of America CEO Search: Why No One Wants The Job

Huffington Post | Ryan McCarthy | Posted 11.23.2009 | Business

Read More: Alvaro De MOlina, Brian Moynihan, New Bofa Ceo, Ken Lewis, Dick Bove, Bank of America CEO Search, Bank of America, Compensation, Pay Czar, Kenneth Feinberg, John Corzine, Business News

Apparently, no one wants to be CEO of the nation's largest bank. The protracted search for a new Bank of America CEO may last until 2010, reports Bloo...

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How to Live on $0 a Day: Assuaging Rage, One Prick at a Time

Lesley Stern | Posted 11.12.2009 | Comedy

Read More: George Bush, Citi, Insurance Companies, Justice, Hank Paulson, John Boehner, Real Housewives, Washington, Economy, Ben Bernake, Bailouts, Larry Summers, Psychology, Balloon Boy Dad, Humor, John Edward, Sarah Palin, Self-Help, Dick Cheney, Comedy, Bank of America, Goldman Sachs, Comcast, AT&T, Dr. Phil, Ken Lewis, Bill Kristol, Joe Jackson, Satire, Rupert Murdoch, Financial Crisis, Aetna, Jamie Dimond, Bernie Madoff, Rage, Lloyd Blankfein, Netanyahu, Depression, Chase, Mental Health, Rush Limbaugh, Carrie Prejean, Bin Laden, Recession, Advice, Jim Cramer, Vikram Pandit, Anger, Michele Bachmann, Wall Street, Tim Geithner, Glenn Beck, Joe Lieberman, Kim Zolciak, Shadegg, Ahmadinajad, Crooks and Liars, Disney, Comedy News

If you're quivering with rage just thinking about Wall Street, it's time to take action. I've discovered a way to achieve a semblance of inner peace without therapists, tranquilizers or weapons.

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BofA CEO Search: Bob Kelly, Bank Of New York CEO, Won't Take Job

charlotteobserver.com | Rick Rothacker and Christina Rexrode | Posted 11.03.2009 | Business

Read More: Bank of America, Charlotte-North Carolina, Ken Lewis, Bob Kelly, Wachovia, Bank of New York Mellon, BofA CEO, Bofa, Business News

Add Bob Kelly to the list of financial services executives who aren't clamoring for the top job at Bank of America Corp. The Bank of New York Mellon ...

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SEC Changes the Game on CEO Succession

Alicia Whitaker | Posted 10.29.2009 | Business

Read More: Whole Foods, Sec, Ken Lewis, CEO Succession, Verizon, Shareholder Rights, Bank of America, Succession Planning, Integral Advisors, Bruce J. Sherman, Coca-Cola, Best Buy, Business News

Shareholders can now challenge the board to learn more about plans for CEO succession. This is one more action that will make it less likely that the CEO can fill the board with good old boys.

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It's Time for Congress to Investigate the Banks

Anna Burger | Posted 10.28.2009 | Business

Read More: Bank of America, Anna Burger, Showdown in Chicago, Bailout, Ken Lewis, Financial Reform, Banks, Financial Crisis, Taxpayers, Seiu, Business News

What do we do about our broken finance system? We can begin by making sure that the architects of our current economic crisis are investigated, and if necessary, prosecuted for the crash.

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The Smartest Guy in the Room

Dan Collins | Posted 10.27.2009 | New York

Read More: Andrew Cuomo, Wall Street, Merrill Lynch Bonuses, Ken Lewis, Merrill Lynch Bank of America, Bank of America, Bernard Madoff, US Attorneys, Securities and Exchange Commission, Judge Jed Rakoff, New York News

Shock waves from Judge Jed Rakoff's scathing denunciation of a proposed settlement between the SEC and the Bank of America are still rippling through Wall Street and Washington.

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Bank of America Emails: Executives Knew Of Merrill Losses Before Shareholder Vote

washingtonpost.com | Tomoeh Murakami Tse | Posted 10.21.2009 | Business

Read More: Merrill Lynch, John Thain, Ken Lewis, Merrill Lynch Bank of America, Bank of America, House Oversight and Government Reform Committee, Business News

NEW YORK -- Congressional investigators think that reams of internal documents turned over by Bank of America last Friday show that its executives wer...

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Succession Planning 101: Lessons for the Bank of America

Alicia Whitaker | Posted 10.20.2009 | Business

Read More: Bank of America, Banking, Leadership, Succession Planning, Corporate Governance, Ken Lewis, Business News

Succession planning has moved from being a largely academic exercise to an element of corporate governance that regulators and investors demand.

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Money Spent On Perks, Fringe Benefits Rose At Bailed Out Banks Last Year

Washington Post | Tomoeh Murakami Tse | Posted 10.20.2009 | Business

Read More: Benefits, Bank of America, Afl-Cio, Perks, Obama, Bofa, Gmac, Fringe Benefits, Corporate Jet, Ralph Babb, Tax Money, Wall Street, Bailout, Ken Lewis, Rescued Banks, Banks, Taxpayer Money, Chauffeur, Cit Group, Kenneth Feinberg, Bailed Out Banks, Business News

Even as the nation's biggest financial firms were struggling and the federal government was spending hundreds of billions of dollars to save many of t...

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Bank Of America Earnings: Bank Lost $2.24 Billion On Ba Loans

AP | IEVA M. AUGSTUMS | Posted 10.16.2009 | Business

Read More: Bank of America Earnings, Bank of Americ 3q, Ken Lewis, Back of America Stock, Bank of America, Bofa, Pay Czar, Business News

CHARLOTTE, N.C. — Bank of America Corp. said Friday it lost more than $2.2 billion in the third quarter as loan losses kept rising, providing mo...

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Bank Of America Email: Merrill Deal Would "Screw Shareholders"

Posted 10.14.2009 | Business

Read More: Merrill Lynch, Andrew Cuomo, Bank of America Email, Ken Lewis, Bank of America, Bofa, Merril Lynch Bank of America Merger, Business News

A Bank of America Corp. director wrote to another director in a January email that pressure from the federal government to slash the bank's dividend m...

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AP Source: Bank of America To Give Up Documents From Merrill Lynch Deal

AP | VINNEE TONG and STEPHEN BERNARD | Posted 10.13.2009 | Business

Read More: Shareholders, John Thain, Sec, Wall Street, Ken Lewis, Lehman Brothers, Ceo, Merill Lynch, Bank of America, Charlotte, Bofa, Bonuses, Executive Pay, Merill, Business News

SAN FRANCISCO — After months of resistance, Bank of America Corp. plans to turn over documents showing legal advice it received on its purchase ...

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The Case For Dismantling Giant Banks

Lawrence G. McDonald | Posted 10.12.2009 | Business

Read More: Wall Street Bailout, Oprah Winfrey, Bankruptcy, Ken Lewis, Lehman Brothers, Richard Fuld, Bank of America, Financial Crisis, Risk Management, Citigroup, Keynote Speaker, Business News

These 21st century banks have become deadly, systemically risky dominoes that can crush us all if they fail, or can bankrupt us all with debt if we have to bail them out.

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Pay Czar Urged To Block Ken Lewis' Pension

Reuters | Karey Wutkowski and Joe Rauch | Posted 10.09.2009 | Business

Read More: Bank of America, Ken Lewis Retirement, Ken Lewis, Ken Lewis Pension, Business News

A top U.S. labor group on Thursday asked the Obama administration's "pay czar" to stop any retirement payments to Bank of America Chief Executive Ken ...

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Ken Lewis: The Onion Skewers Bank Of America's Chiefs Resignation

The Onion | Posted 10.08.2009 | Business

Read More: Bank of America, Ken Lewis Resignation, Ken Lewis, Bofa, Business News

Once heralded as a shrewd innovator, embattled CEO Ken Lewis is now leaving Bank Of America. Here are some key missteps from the past 18 months that h...

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Bank Of America's Merrill Acquisition Makes Up 30% Of Bank's Profits

bloomberg.com | David Mildenberg | Posted 10.05.2009 | Business

Read More: Bank of America, Merrill Lynch, JPMorgan Chase, Ken Lewis, Business News

Oct. 5 (Bloomberg) -- Merrill Lynch & Co., which helped bring down Kenneth D. Lewis, may end up saving his bank. The decision by the 62-year-old Ba...

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Bank Of America's "Emergency CEO" Coming This Week: Report

Reuters | Posted 10.05.2009 | Business

Read More: Banks, Bofa, Bank of America, Ken Lewis, Business News

(Reuters) - Bank of America Corp plans to select an emergency chief executive officer this week if legal issues force Ken Lewis to leave before year-e...

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Ken Lewis Bonus: BofA CEO's $53 Million Pension Plan

The Huffington Post | Lila Shapiro | Posted 12.02.2009 | Business

Read More: Ken Lewis Bonus, Merrill Lynch, Ken Lewis 53 Million, Ken Lewis, Merrill Lynch Bonuses, Ken Lewis Bonuses, Economic Crisis, Bank of America, Financial Crisis, Ken Lewis Pension Plan, Kenneth Feinberg, Ken Lewis Steps Down, Ken Lewis Pension, Business News

For those of you worried about Ken Lewis' financial well-being since his announcement on Wednesday night that he was stepping down as Bank of America'...

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Who Will Take Charge Of Bank Of America?

New York Times | ERIC DASH and LOUISE STORY | Posted 12.01.2009 | Business

Read More: Bank of America, Ken Lewis Retires, Bank of America Ceo, Ken Lewis, Business News

Who will lead Bank of America out of this mess? That question is reverberating through Wall Street and Washington after the abrupt resignation of Ken...

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This Week In Cheating: Ken Lewis' Pension

Jeff Kreisler | Posted 12.01.2009 | Business

Read More: Severance, Pension, Corrupt, Bank of America, $53 Million, Retirement, Megan Fox Naked, Scam, Ken Lewis, Bofa, Capitalism, Scandal, Unfair, B of A, Monty Python, Business News