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BofA's Ken Lewis to retire
Charlotte Observer ^ | Sept 30, 2009 | Rick Rothacker

Posted on 09/30/2009 2:46:57 PM PDT by jern

Bank of America Corp. announced today that embattled chief executive Ken Lewis has notified the board of directors of his decision to retire effective Dec. 31.

The bank said the board will continue ongoing planning to ensure his successor is selected by that date. Lewis will retire as CEO and as a director.

(Excerpt) Read more at charlotteobserver.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; US: North Carolina
KEYWORDS: banking; bankofamerica; bankofillegals; bofa; kenlewis; pwn3d; retirement

1 posted on 09/30/2009 2:46:57 PM PDT by jern
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To: jern

Man, I've been using this pic a lot today.

2 posted on 09/30/2009 2:47:43 PM PDT by dfwgator
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To: jern

He should be in prison! BOA has been robbing from it’s customers for years.


3 posted on 09/30/2009 2:49:34 PM PDT by alice_in_bubbaland (Markets and Marxists Don't Mix! Audit the FED NOW!)
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To: jern
Oops, minor correction needed...

"...embattled chief executive Ken Lewis has BEEN notified BY the board of directors of his decision to retire effective Dec. 31."

4 posted on 09/30/2009 2:57:29 PM PDT by theDentist (fybo qwerty ergo typo : i type, therefore i misspelll)
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To: jern

Retire? Yeah.....sure.....


5 posted on 09/30/2009 3:12:29 PM PDT by stephenjohnbanker (Pray for, and support our troops(heroes) !! And vote out the RINO's!!)
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To: theDentist

sure if he doesn’t retire then the board goes to prison in stead...

So i guess the board made a good decision. Either you go or we go to prison.


6 posted on 09/30/2009 3:13:37 PM PDT by placerville
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To: wafflehouse; Leisler; PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; nicksaunt; ...
*Ping!*
7 posted on 09/30/2009 3:18:41 PM PDT by rabscuttle385 (Kick corrupt Democrats *AND* Republicans out of office in 2010!)
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To: stephenjohnbanker

“Ken, the board is about to throw you in the wood chipper...would you like to retire with dignity instead?”


8 posted on 09/30/2009 3:20:58 PM PDT by Petronski (In Germany they came first for the Communists, And I didn't speak up because I wasn't a Communist...)
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To: Petronski

““Ken, the board is about to throw you in the wood chipper...would you like to retire with dignity instead?””

I’ll take dinity with a 1.5 million dollar pension, Alex........


9 posted on 09/30/2009 3:24:50 PM PDT by stephenjohnbanker (Pray for, and support our troops(heroes) !! And vote out the RINO's!!)
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To: jern

Ken Lewis is jumping ship before Obama fires him! He might even be able to take a few million in severance pay with him.


10 posted on 09/30/2009 3:45:32 PM PDT by chainsaw (If you think health care is expensive now, wait until you see what it costs when it's free! -- P.J..)
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To: jern

This guy was in one heck of a box. Told by the SecTreas to lie to shareholders, adn that the fed chief back sectreas in this, or the entire board would be replaced, among other things.


11 posted on 09/30/2009 4:04:53 PM PDT by WoofDog123
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To: placerville

Is Ken going to flip for Cuomo?


12 posted on 09/30/2009 4:10:02 PM PDT by pointsal
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To: placerville

Is Ken going to flip for Cuomo?


13 posted on 09/30/2009 4:10:12 PM PDT by pointsal
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To: AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...

He *should* be able to get a job as a czar in the Obama administration.


14 posted on 09/30/2009 4:34:18 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/__Since Jan 3, 2004__Profile updated Monday, January 12, 2009)
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To: SunkenCiv
He *should* be able to get a job as a czar in the Obama administration.

And now...we dance!
15 posted on 09/30/2009 5:14:32 PM PDT by kenavi (No legislation longer than the Constitution.)
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To: jern

So this welfare queen is eligible for Social Security?


16 posted on 09/30/2009 5:35:25 PM PDT by pnh102 (Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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To: pnh102
So this welfare queen is eligible for Social Security?

Yeah his 2 grand a month (which is about what you get from SS if you've worked 30 years and paid the max amount every year) will pay his electric bill.

17 posted on 09/30/2009 5:38:18 PM PDT by nascarnation
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To: jern

Retiring in this economy? Man, I hope he can make ends meet.


18 posted on 09/30/2009 6:41:34 PM PDT by Wolfie
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To: kenavi

;’)


19 posted on 09/30/2009 7:11:17 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/__Since Jan 3, 2004__Profile updated Monday, January 12, 2009)
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