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Ken Lewis

Paying The Price Of Fragmented Regulation

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

In the run-up to testimony by Bank of America chief Ken Lewis on the Merrill Lynch & Co. affair, e-mails are suddenly leaking from the Beltway colander, though their ultimate source, strangely enough, is that opaque wonderland, the Federal Reserve.

Ken Lewis, BofA CEO, Gov't Pressured bank to buy Merrill Lynch

Yahoo! Finance | Anne Flaherty, Associated Press Writer | Posted 05.25.2011 | Business

WASHINGTON (AP) -- House lawmakers on Thursday accused the federal government of orchestrating a "shotgun wedding" between Bank of America Corp. and M...

Fed Officials Bashed Ken Lewis In Emails

Wall Street Journal | MICHAEL R. CRITTENDEN | Posted 05.25.2011 | Business

Federal Reserve officials sharply criticized Bank of America Corp. and its Chief Executive Kenneth Lewis in emails to each other after the bank tried ...

Ryan Grim

BofA CEO: Fed And Treasury Officials Pressed For, Helped Fund Merrill Merger

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

Treasury and Federal Reserve officials pressured Bank of America CEO Ken Lewis not to back out of a planned merger with Merrill Lynch in December, Lew...

BofA CEO Lewis To Testify Over Merrill

AOL | Skip nav Markets U.S. open in 57 hrs, 52 mins DJIA 8,763.13 12.89 0.15% NASDAQ 1,849.42 -0.60 0.03% S&P 500 940.09 -2.37 0.25% 10yr Note 94.156 -1.00 1.05% FTSE 100 4,438.56 51.62 1.18% Nikkei 225 9,768.01 99.05 1.02% Hang Seng 18,679.53 176. | Posted 05.25.2011 | Business

Bank of America Corp on Friday said Chief Executive Kenneth Lewis will testify in Congress on June 11 about the largest U.S. bank's purchase of Merri...

BofA Wants To Repay $45 Billion By End Of Year

ft.com | Patrick Jenkins, Greg Farrell and Francesco Guerrera | Posted 05.25.2011 | Business

Bank of America wants to pay back $45bn in bail-out funds by the end of the year, in a faster-than-expected move made possible by an accelerated progr...

Ken Lewis, BofA Management Made Millions On Nationalization Rumors

Bloomberg News | David Mildenberg | Posted 05.25.2011 | Business

May 19 (Bloomberg) -- Bank of America Corp.'s directors and top managers, including Chief Executive Officer Kenneth Lewis, made about $6.57 million by...

The Exception

Yvette Kantrow | Posted 05.25.2011 | Business
Yvette Kantrow

At a time when the financial press is in the doghouse for cozying up to CEOs and failing to see the economic disaster ahead, Buffett remains above the fray.

House Panel To Probe BofA's Merrill Deal

Wall Street Journal | MICHAEL R. CRITTENDEN | Posted 05.25.2011 | Home

Bank of America Corp. Chief Executive Kenneth Lewis and top federal officials will be asked to testify under oath by a U.S. House panel next month, as...

Jason Linkins

Rick Santelli To Fellow CNBC Host: "Don't Open Your Mouth And Say Dumb Things" (VIDEO)

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011 | Media

The blogosphere is all abuzz with Rick Santelli again. Seems he got into one of those trademarked shouting matches on CNBC -- your source for tradema...

Sam Stein

SEIU Writes Bank Of America, Calls For Lewis' Outright Firing

HuffingtonPost.com | Sam Stein | Posted 05.25.2011 | Business

Officials with the Service Employees International Union (SEIU) are calling on the new chairman of Bank of America to fire recently-replaced chairman ...

Bernie Madoff, Scapegoat

Michael Moore | Posted 05.25.2011 | Business
Michael Moore

Instead of putting those responsible for the financial crisis in jail, why did we give them huge sums of our hard-earned tax dollars. Bernard Madoff is nothing more than the scab on the wound.

Ken Lewis Ousted As Bank Of America Chairman

AP | IEVA M. AUGSTUMS and MITCH WEISS | Posted 05.25.2011 | Business

CHARLOTTE, N.C. — Ken Lewis was ousted as chairman of Bank of America Wednesday after shareholders angry about the company's acquisition of Merr...

Mack, Lewis Blame Pay Limits For Executive Departures

Bloomberg | Posted 05.25.2011 | Business

John Mack and Kenneth Lewis, the chief executive officers of Morgan Stanley and Bank of America Corp., said pay limits tied to federal rescue funds ha...

Lewis: Bank of America's Merrill Deal Had To Be Completed Amid Crisis

Bloomberg | David Mildenberg and Linda Shen | Posted 05.25.2011 | Business

Bank of America Corp. Chief Executive Officer Kenneth Lewis said shareholders weren't told about losses at Merrill Lynch & Co. because aborting the de...

Progressive Victory: Bank of America's Ken Lewis Out as Chairman

ZP Heller | Posted 05.25.2011 | Business
ZP Heller

This is a huge win for progressives, who have been up in arms for months over BofA's decision to continue its shamelessly greedy, predatory practices after receiving tens of billions in bailout funds.

CalPERS To Vote Against BofA's Ken Lewis

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

The huge California Public Employees' Retirement System, or CalPERS, will vote against the re-election of Bank of America CEO Ken Lewis tomorrow at th...

Fire Bank of America CEO Ken Lewis

Robert Greenwald | Posted 05.25.2011 | Business
Robert Greenwald

The economic crisis is out of control, as Bank of America and the corrupt corporate elite continue to wage class warfare. It's time we hit back hard.

John Thain Versus Bank Of America: Former Merrill Lynch CEO Fights Back

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

John Thain has given a series of interviews to the Wall Street Journal, where the former Merrill Lynch CEO tells his side of the bonus story that led ...

BofA Chief Lewis: U.S. Wanted Me To Keep Quiet About Merrill Deal

Reuters | Posted 05.25.2011 | Business

Bank of America Corp Chief Executive Kenneth Lewis testified under oath that U.S. Federal Reserve Chairman Ben Bernanke and then-Treasury Secretary He...

Hank Paulson, The Unnamed "Decider" In The Merrill Lynch Saga

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

Why would Merrill's senior management, with BofA's acknowledgment, base their internal year-end projections on the assumption that securities prices would recover so sharply?

Bank Of America CEO Ken Lewis: Don't Compare Me To EX-GM CEO Rick Wagoner

McClatchy | Christina Rexrode | Posted 05.25.2011 | Business

Bank of America Corp. chief executive Ken Lewis bristled at comparisons between himself and Rick Wagoner, the ousted CEO of General Motors Corp., in a...

Unions Demanding Obama Fire BofA CEO In Wake Of Wagoner Ouster

The Plum Line | Posted 05.25.2011 | Politics

The major unions are grabbing on to the ouster of General Motors chief Rick Wagoner to launch a campaign to pressure the Obama administration to engin...

Wagoner's Exit Puts BofA CEO Lewis In Hot Seat

Reuters | Posted 05.25.2011 | Business

NEW YORK (Reuters) - Bank of America Corp Chief Executive Kenneth Lewis may be the next corporate boss to feel the heat after the administration force...

Why Does this Man Still Have His Job

Henry Blodget | Posted 05.25.2011 | Business
Henry Blodget

The whole system remains infected with the rot that destroyed AIG: An incentive structure that can be summarized as "Heads we win, and tails we win, too."