Topic: Ken Lewis (Executive)
BofA CEO says the bank 'missed the mark'
AP News
Bank of America CEO Moynihan addresses compensation, shareholders concerns, in annual letterBank of America CEO Brian Moynihan conceded Wednesday that the company made a series of missteps during the credit crisis and recession that hurt its relationship with shareholders and customers. "Before and during the recent crisis, many of our ...
Citigroup CEO Pandit earns $128,000 in 2009 pay
AP News
Citigroup CEO Vikram Pandit receives $128,000 in 2009 compensation, down from $38.2M in 2008Citigroup Inc. CEO Vikram Pandit received $128,751 in compensation for 2009 as the bank suffered huge losses on risky investments and failing consumer loans, according to an Associated Press analysis of a regulatory filing ...
BofA counsel not fired for advice: SEC
AP News
<div id="subtitle">BofA fired top lawyer just to make room for another, SEC says; view at odds with Cuomo</div><div><p>Bank of America fired its top lawyer in December 2008 before its fateful takeover of Merrill Lynch simply to ...
New York AG filing civil charges against BofA
AP News
<div id="subtitle">New York AG filing civil charges saying Bank of America, former CEO Lewis misled investors</div><div><p>The New York Attorney General's office said Thursday it filed civil charges against Bank of America and its former CEO ...
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