Apr 23rd, 2009 - MarketWatch
NEW YORK (MarketWatch) -- If Ken Lewis is telling the truth -- and he'd be foolish to lie to New York State Attorney General Andrew Cuomo -- then Federal Reserve Chairman Ben Bernanke and former Treasury Secretary Henry Paulson were more than concerned about the financial crisis. They were panicking.
Why else would the two most important administration officials presiding over the financial crisis play hardball backroom politics with Lewis, the chief executive of Bank of America Corp. , who had taken significant risk by acquiring Merrill Lynch & Co. last September?
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WASHINGTON (Reuters) - Momentum is building among U.S. lawmakers for a probe into the merger of Bank of America (BAC.N) and Merrill Lynch, amid allegations that federal...
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Coercion and the use of force have been part of the American character since settlers started moving West at the end of the 18th Century. Gentility is not usually an acceptable approach to settling differences in the United States...
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April 24 (Bloomberg) -- Bank of America Corp. ChiefExecutive Officer Kenneth D. Lewis may face scrutiny by the U.S.Securities and Exchange Commission for failing to disclosemounting losses at Merrill Lynch & Co...
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Apr 23rd, 2009 - CNNMoney
NEW YORK (Fortune) -- Questions about whether Bank of America breached its duties to shareholders come at an inconvenient time for embattled CEO Ken Lewis. According to documents released Thursday by a top state prosecutor...
Documents: Bank of America Pressured to Complete Merger With ...
Apr 23rd, 2009 - Washington Post
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3:45Fire CEO Ken Lewis
www.takebacktheeconomy.org While Bank of America's CEO, Ken Lewis, is calling for business as usual, taxpayers are calling for change. It's time for Bank of America to stop the policies and practices that helped crash our economy and hurts its customers with unfair fees and hidden costs.
4:18Kucinich Grills Ken Lewis on Fed Emails
Former Bank of America CEO, Ken Lewis, testified June 11, 2009 to congress about the BOA's merger with Merrill Lynch. During the hearing Rep. Dennis Kucinich, D-Ohio, challenged Lewis to be more forthcoming about his dealings with the Federal Reserve during the merger ...
6:09Rep. Welch grills Bank of America CEO Ken Lewis
Rep. Peter Welch grills Bank of America CEO Ken Lewis July 11, 2009, about whether the bank kept critical information from its shareholders about the worsening financial situation at Merrill Lynch, which Bank of America had agreed to buy.
11:00Why Ken Lewis Destroyed Bank Of America by not Invoking the MAC Clause Save Shareholder from Merrill
invoking its MAC clause and threatening to walk away from the deal, J&J was able to gain the leverage necessary to extract a On December , Lewis informed then-Treasury Secretary Henry Paulson that he was seriously considering invoking the MAC clause ...
