Bank Of America Ken Lewis In The News Again!
Feb 27, 2009 in We Think
Our favorite bank, Bank Of America, along with our favorite Banking Chief Executive, Kenneth D. Lewis are in the news again and the news is not good for the bank.
We’re hoping the scandals surrounding the banking institution some are calling SKANK of America, will somehow eventually resolve into benefits for the American consumer.
New York Attorney General Andrew Cuomo has issued a subpoena in his ongoing investigation of Bank Of America Corporation to get the names of Merrill Lynch executives who received $3.6 billion in year-end bonuses.
It seems Chief Executive Ken Lewis failed to provide those details during a lengthy deposition Thursday evening.
Lewis said he “answered the questions that were asked to the best of my knowledge.”
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