This video is sickening, but it does illustrate just how far a formerly fine organization has spiraled downwards in just 4 years. Under KL's leadership BofA bought Countrywide Financial, which was a bottomless pit.. It will be a drag on BofA's earnings for years by way of write-offs and endless litigation by Countrywide debt holders looking for deep pockets. KL is right up there with the guys that ran Wachovia and WaMu.
Ken Lewis is the protégé of Hugh McColl, Jr. both are crooks. The bank was built on a Ponzi type schemes that was covered up. It wasn't what you were worth to get financing, it was who you knew. They loaned money on a concept of being in the family something like the Mafia. After they loaned the money you were used as a pawn in a bigger picture until you were moved on and out (foreclosed on).It got so big that it finally failed like any Ponzi scheme for the tax payer to clean up for $45B! Jail
Ken Lewis would never have imagined what he is today, 37 years, ago because criminals are made not born. Back 37 years ago he was only a criminal in the making.
53% of bofa income in 2008 was from overdraft fees alone-their system software is designed for people incur overdrafts-i.e if your balance is close to zero, their system will automaticly not post a charge fro 24 hours to cause you overdraft- a human rights violation-yes ken lewis is a total criminal with no respect for humanity whatsoevever
I ask you.....does Ken Lewis look like an honest man or the CROOK that designed making profits you discuss in your comment.
I contend Ken Lewis is a crook and is responsible for at least 10% of the financial crisis we are in today.
If you have been hurt by the financial crisis call Ken Lewis or if you live in his state, ask for an appointment and visit him. Tell him how he has ruined your life.
You know when Ken Lewis opens his mouth he is lying and when he opened his mouth at Senate hearings he lied under oath and thus, he is a criminal. Bingo Bucko!!
This video is sickening, but it does illustrate just how far a formerly fine organization has spiraled downwards in just 4 years. Under KL's leadership BofA bought Countrywide Financial, which was a bottomless pit.. It will be a drag on BofA's earnings for years by way of write-offs and endless litigation by Countrywide debt holders looking for deep pockets. KL is right up there with the guys that ran Wachovia and WaMu.
danders76 1 year ago
Ken Lewis is the protégé of Hugh McColl, Jr. both are crooks. The bank was built on a Ponzi type schemes that was covered up. It wasn't what you were worth to get financing, it was who you knew. They loaned money on a concept of being in the family something like the Mafia. After they loaned the money you were used as a pawn in a bigger picture until you were moved on and out (foreclosed on).It got so big that it finally failed like any Ponzi scheme for the tax payer to clean up for $45B! Jail
paulpazz 2 years ago
Ken Lewis would never have imagined what he is today, 37 years, ago because criminals are made not born. Back 37 years ago he was only a criminal in the making.
phineastbuster 2 years ago
53% of bofa income in 2008 was from overdraft fees alone-their system software is designed for people incur overdrafts-i.e if your balance is close to zero, their system will automaticly not post a charge fro 24 hours to cause you overdraft- a human rights violation-yes ken lewis is a total criminal with no respect for humanity whatsoevever
misticmagoffin 2 years ago
misticmagoffin
I ask you.....does Ken Lewis look like an honest man or the CROOK that designed making profits you discuss in your comment.
I contend Ken Lewis is a crook and is responsible for at least 10% of the financial crisis we are in today.
If you have been hurt by the financial crisis call Ken Lewis or if you live in his state, ask for an appointment and visit him. Tell him how he has ruined your life.
phineastbuster 2 years ago
Who would post such crap on Youtube?
felixhausdorf 3 years ago 3
Crap is right. I wonder what this cost B of A to make this for Ken "the Slimeball" Lewis. There goes my dividends.
phineastbuster 2 years ago
Kenneth D, Lewis is a criminal and a coward.
09ernie1957 3 years ago
how is he a criminal?
tab3321 3 years ago
Tab3321, don't mind 09ernie1957! a person who makes a statement without backing up their judgement is an idoit!
If you never had the opportunity to meet the man is a bit difficult to judge him. He is a great leader!
abeguzman17 3 years ago
Did Ken Lewis open his mouth in this video?
You know when Ken Lewis opens his mouth he is lying and when he opened his mouth at Senate hearings he lied under oath and thus, he is a criminal. Bingo Bucko!!
phineastbuster 2 years ago