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Kenneth D. Lewis



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+Vote!

Citi’s Pandit is the Right Man For the Job – at Bank of America

By Martin Hutchinson Contributing Editor Money Morning Bank of America Corp.’s (NYSE: BAC) search for a new boss to succeed the deposed Kenneth D. Lewis had ground to a complete halt. Nobody... Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But Money Morning lets you move first.

5Vote!

Why Kuwait Investment Authority sold $4.1 Billion Citi Stake

... Asset Backed Securities Loan Facility (TALF) Deal Who Will replace Bank of America chief executive Kenneth D. Lewis? Russell Reynolds Associates to Advise on Bank of America CEO Search Bank of America to disclose Merrill Lynch documents, agrees to provide details on bonus payments made to its executives Bank of America will not raise card rate or change terms on consumer credit card...

3Vote!

U.S.’s Role Expands in the Boardroom

U.S.’s Role Expands in the Boardroom By JOANN S. LUBLIN Frederick "Fritz" Henderson’s sudden exit from the CEO suite at General Motors Co. signals a new phase in the government’s role in U.S. business. Boards crammed with government appointees have prompted the departure announcements of three CEOs in the past two months: Mr. Henderson, Kenneth D. Lewis at...

9Vote!

BoA To Float Loans, Dilute Shareholder Equity To Repay TARP, And Award Themselves $1.7 Billion In Bonuses

... markets, and we are pleased to be able to fully repay the investment, with interest,” said Kenneth D. Lewis, chief executive officer and president. “As America’s largest bank, we have a responsibility to make good on the taxpayers’ investment, and our record shows that we have been able to fulfill that commitment while continuing to lend. We believe that this...

5Vote!

Bank of America: “I Told Ya I Was Good For It”

What a way to make an exit! From DealBook : Bank of America said late Wednesday that it would repay its entire $45 billion in government bailout money before the end of the year…“We appreciate the critical role that the U.S. government played last fall in helping to stabilize financial markets, and we are pleased to be able to fully repay the investment, with interest,” Kenneth D. Lewis,...