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Ken Lewis



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5Vote!

Ken Lewis says he could stay on as CEO indefinitely

Filed under: Management , Bank of America (BAC) After previously announcing that he would leave the CEO post in December, Bank of America ( BAC ) head Ken Lewis is backpedaling in light of the company's difficulty in finding a replacement. The Wall Street Journal (subscription required) reports that Mr. Lewis "has said he would consider postponing his retirement if directors need more time to...

5Vote!

Lewis to Consider Postponing Retirement

BofA CEO Kenneth Lewis said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO.

3Vote!

Bank of America CEO Lewis may delay retiring - WSJ

NEW YORK, Nov 20 (Reuters) - Bank of America Corp Chief Executive Kenneth Lewis has said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO, the Wall Street Journal reported on Friday.

5Vote!

Ken Lewis' successor could be... Ken Lewis?

Filed under: Bank of America (BAC) In the past, I've covered Rochdale Securities analyst Dick Bove's inane ramblings about how fantastically awesome Bank of America (NYSE: BAC ) CEO Ken Lewis is. Last month he called Mr. Lewis "phenomenally good" and his notes to investors are beginning to have more in common with 12-year old girls' Valentines to Zac Efron than conventional research. But...

5Vote!

Dick Bové: Bank Of America Should Beg Ken Lewis To Stay

Things have been pretty dark for Dick Bové ever since her man, the " brilliant " Ken Lewis was essentially forced out of his job . Other analysts, the colder, unfeeling ones probably wouldn't have taken it so personally, but Lewis is Bové's guy and she can't help it, this hurts, bad (also, she's just always been a sensitive and highly strung person). Sorry if that's too much...

5Vote!

Bank Of America Board To Lock Themselves In A Room Sunday Night And Not Come Out 'Til They Come Up With Someone Willing To Take Over For Ken Lewis, Maybe

Charlie Gasparino reports that the Bank of America board "really, really" wants to finally pick someone to take the job of boozing it up at happy hour and then returning to the office and saying "How 'bout we do Merrill this time? That'll be fun." According to Gasparino, BAC is in a rush to get it done because they're "sick of all the controversy surrounding the selection"...

5Vote!

Spring Island, Estate of the Day

We've been to Spring Island, South Carolina before to check out Bank of America chief exec Ken Lewis's getaway home (still on the market and the price keeps dropping ). Today's estate is in the same area and belongs to former Proctor and Gamble executive Tom Laco. The property consists of two separate lots, the 3.48 acre lot the house is on and a 3.13 acre lot directly across the pond from the house...

4Vote!

Dick Bove Talks Up BAC, MS

Relentless Buldge Bracket defender Dick Bove of Rochedale Securities spoke passionately about Bank of America (BAC) and Morgan Stanley (MS) in two research notes this morning. Bove believes his dream of having outgoing BAC CEO Ken Lewis could actually be possible. After talking with investors, Bove concludes, “owners of [...]

5Vote!

In Spite Of Being The Worst Job On Wall Street, BofA CEO Is Actually The Best Job In Finance

The luckiest man on earth Here at Dealbreaker, our opinion of Bank of America is pretty clear . The company is a dysfunctional mess and, despite being the biggest bank in the country, can't seem to find anyone interested in taking its top job. Those incorrigible contrarians at Breakingviews have a different take on the Worst Job on Wall Street. There may actually be no better job in finance than the...

5Vote!

Bank Of America A Solid C-Minus, Moody's Says

What a day for Ken Lewis & Co.! First, one of the savviest hedge fund managers out there gives BofA a big thumbs up (take that, Steve Cohen and Jim Simons ). Next, someone we've actually heard of kinda sorta suggested he might take the Worst Job on Wall Street (BofA is, after all, a public company). Now, the very ratings agency that kneecapped UBS earlier today said it is not quite as pessimistic...

5Vote!

Your Former Colleagues May Soon Be Asking You To Spread 'Em

Jamie Dimon would probably make a great cop because he's a badass who doesn't take shit or prisoners from anyone. And I can see Vikram Pandit patrolling the streets on horseback. Ken Lewis obviously how to administer a sobriety test on a possibly drunk driver. Despite protests the contrary, Jimmy Cayne knows his way around a nightstick. Dick Fuld has spent the last year showing up to industry parties...

11Vote!

Firing Of BofA General Counsel In Middle of Merrill Deal Was Just "Downsizing"

Bank of America's general counsel was fired on December 10, just a day after he had requested a meeting with higher-ups to discuss Merrill Lynch's growing projected losses. The reason he was fired? Corporate "downsizing," said three BofA officials to a congressional panel yesterday. The U.S. House Committee on Oversight and Government Reform is looking into BofA's purchase of Merrill, as...

5Vote!

John Thain Says He Never Threw A Chair, Is Willing To Take Bank Of America CEO Job

We've been saying for a while that John Thain is the ideal candidate to take over Bank of America, as a) he's unemployed and b) he could use his power to equip every men's room with the line of urinal cakes bearing Ken Lewis's mug he's been working on in his spare time. Yesterday at the Reuters Global Finance Summit, JT finally got on board . He didn't specifically name-check the bank no one wants...

7Vote!

It's BofA-foonery!

It seems Ken Lewis isn't the only Bank of America executive whose career has gotten tripped up by congressional testimony. Brian Moynihan, a onetime leading candidate to replace Lewis as CEO, yesterday thwarted his chance to look chief executive-l...

3Vote!

Representative Elijah Cummings Steels Himself for Bank of America’s CEO Pick

Not that the Maryland Democrat is rushing them to make a decision or anything, but he's just curious — who are they going to pick to succeed Ken Lewis? For instance, will it be that chump Brian Moynihan , with whom he tangled at last year's hearing over the Merrill Lynch bonuses ? "Is this the guy we have got to face when we are dealing with Bank of America?” Cummings asked BofA director...

The last article published by a user on Ken Lewis :

3Vote!

The 3 things behind Oprah’s Success

Last year, Oprah Winfrey earned $275 million–more than those three Wall Street rogues Ken Lewis, Dick Fuld and John Thain combined–yet no one is calling for her head. Her TV show and O, her magazine, remain wildly popular. She moves entire industries. Twitter’s traffic surged 43% after she tweeted for the first time. A recommendation from her turns obscure authors and products into best-sellers