There were only a couple CEO's with the foresight to get out of risky loans like Pay Option ARMs, and Ken was one of them. His leadership on that was the reason BofA had the ability to buy Meryll and Countrywide.
And for the record, BofA wasn't "given" any taxpayer money. They were given a loan which they have already started making payments on as agreed. Taxpayers are MAKING money on BofA.
Now Ken Lewis is crying that the "BIG BAD GOVERNMENT" made him buy Merrill Lynch. What a cry baby. Ken Lewis didn't have a gun to his head. Ken Lewis may have had someone in the government know he had done some illegal things and Ken Lewis was scared he would go to jail.
This weasel, Ken Lewis, should stand up like a man and admit he wanted the power of being the CEO of a company that included Merrill Lynch and his salary would possibly go up to $35 million. Ken Lewis should buy a pair.
Still hiring Cindi, you spend too much time on Youtube. Get a life. Go find out why Ken Lewis, is managing to earn your yearly salary in just a month. You should be spreading news about John Thain, not Ken Lewis.
Trust me, Bank of America will survive through this economy. You will see, and you will eat every last comment you have posted about Bank of America. With the help of Barack Obama, and the existing banks out there, we will survive. Just be happy that there is still a bank with solid lending practices. Bank of America is NOT Countrywide, Countrywide is now Bank of America. I do not need to argue with you - you are just like other customers that do not have the knowledge that we have.
You are absolutely right. People like me do not have the knowledge, or more importantly, the inclination, to lie and take advantage of the weak, like Ken Lewis and some of his executives (who are experts at how to lie to customers) take advantage of the less educated ) and take advantage of the U.S. Taxpayer.
BTW-Do you know how to tell if Ken Lewis is telling a lie?..........He opens his mouth.
I couldn't have said it better. Bank of America is one of the best structured banks around. If anything happens to them I would say that it's a government conspiracy. Like others have said Ken Lewis is BofA.
Ken Lewis is a phenominal CEO and has kept the company helathier than its competition and is gobbling up marketshare. The fact that the new administration was shaking him down doesnt make me angry at him, it makes me angry at the people who were threatening him. Think of all the nasty things they could have done to BofA had he given them the finger. That would have been REALLY bad for shareholders.
Ken Lewis----No longer CEO of "B of A" by a vote of the Board of Directors....Check Mate.
I hope you are more phenomenal at what you do than Ken, "the weasel", Lewis. If not I will be supporting you with my taxes.
Quite honestly, I am tired of supporting people like you with your ideas that are beyond reason unless you are a relative of the crook. If you are, just take Ken Lewis a box of tissues since he will not be ripping off his share holders or his employees in the future.
BofA knew exactly how bad the situation was at Merril. (15 bil. dollars loss) Thats why they asked for and received 25 bil. dollars from the government, to make a 10 bil. dollar instant profit. Ken Lewis never had for a second any intention to have Thain at Bofa. Thain's fate was sealed from the moment he approached Lewis with the merger. The story of the 1.2 mil. office decoration was leaked to the press by Ken Lewis' men. One viking chief ousts the other, just like back in the old country.
That's how chess is played. Either Thain could have effectively managed his company thus securing his job or - well we've seen how the other option played out for him.
Mr B has Got my vote for 2012, board need to fire the CEO or come in front of congress and explain why not.
RonRepublican 1 year ago
There were only a couple CEO's with the foresight to get out of risky loans like Pay Option ARMs, and Ken was one of them. His leadership on that was the reason BofA had the ability to buy Meryll and Countrywide.
And for the record, BofA wasn't "given" any taxpayer money. They were given a loan which they have already started making payments on as agreed. Taxpayers are MAKING money on BofA.
linzenUSAF 2 years ago
Now Ken Lewis is crying that the "BIG BAD GOVERNMENT" made him buy Merrill Lynch. What a cry baby. Ken Lewis didn't have a gun to his head. Ken Lewis may have had someone in the government know he had done some illegal things and Ken Lewis was scared he would go to jail.
This weasel, Ken Lewis, should stand up like a man and admit he wanted the power of being the CEO of a company that included Merrill Lynch and his salary would possibly go up to $35 million. Ken Lewis should buy a pair.
Cindi3847 2 years ago
NorceCodine
You are so right. Someday the real Ken Lewis will be exposed.
Cindi3847 3 years ago
If you're a BofA customer like I am, you know the real face of BofA since a long time, and thus Ken Lewis's. And I think the mask is falling already.
NorceCodine 2 years ago
Ken Lewis is not going anywhere, words spread around like a wild fire in California. Ken Lewis, is Bank of America.
sc300tproject 3 years ago
sc300tproject
Ok I agree that Ken Lewis is B of A so he must be worth about as much as B of A stock.....worthless.
Cindi3847 3 years ago
Still hiring Cindi, you spend too much time on Youtube. Get a life. Go find out why Ken Lewis, is managing to earn your yearly salary in just a month. You should be spreading news about John Thain, not Ken Lewis.
sc300tproject 3 years ago
sc300tproject
Still trolling to support your friend. You seem to spend a lot of time propping up B of A. You must have very broad shoulder to take on that task.
Cindi3847 3 years ago
Trust me, Bank of America will survive through this economy. You will see, and you will eat every last comment you have posted about Bank of America. With the help of Barack Obama, and the existing banks out there, we will survive. Just be happy that there is still a bank with solid lending practices. Bank of America is NOT Countrywide, Countrywide is now Bank of America. I do not need to argue with you - you are just like other customers that do not have the knowledge that we have.
sc300tproject 3 years ago
sc300tproject
You are absolutely right. People like me do not have the knowledge, or more importantly, the inclination, to lie and take advantage of the weak, like Ken Lewis and some of his executives (who are experts at how to lie to customers) take advantage of the less educated ) and take advantage of the U.S. Taxpayer.
BTW-Do you know how to tell if Ken Lewis is telling a lie?..........He opens his mouth.
Cindi3847 3 years ago
I couldn't have said it better. Bank of America is one of the best structured banks around. If anything happens to them I would say that it's a government conspiracy. Like others have said Ken Lewis is BofA.
AndStillEyeRise 2 years ago
sc3000tproject
Are you now as supportive of Ken Lewis since he has admitted not to have a backbone and cost share holders $15 billion dollars?
Cindi3847 2 years ago
Ken Lewis is a phenominal CEO and has kept the company helathier than its competition and is gobbling up marketshare. The fact that the new administration was shaking him down doesnt make me angry at him, it makes me angry at the people who were threatening him. Think of all the nasty things they could have done to BofA had he given them the finger. That would have been REALLY bad for shareholders.
linzenUSAF 2 years ago
linzenUSAF
Ken Lewis----No longer CEO of "B of A" by a vote of the Board of Directors....Check Mate.
I hope you are more phenomenal at what you do than Ken, "the weasel", Lewis. If not I will be supporting you with my taxes.
Quite honestly, I am tired of supporting people like you with your ideas that are beyond reason unless you are a relative of the crook. If you are, just take Ken Lewis a box of tissues since he will not be ripping off his share holders or his employees in the future.
Cindi3847 2 years ago
BofA knew exactly how bad the situation was at Merril. (15 bil. dollars loss) Thats why they asked for and received 25 bil. dollars from the government, to make a 10 bil. dollar instant profit. Ken Lewis never had for a second any intention to have Thain at Bofa. Thain's fate was sealed from the moment he approached Lewis with the merger. The story of the 1.2 mil. office decoration was leaked to the press by Ken Lewis' men. One viking chief ousts the other, just like back in the old country.
NorceCodine 3 years ago
That's how chess is played. Either Thain could have effectively managed his company thus securing his job or - well we've seen how the other option played out for him.
AndStillEyeRise 2 years ago