Topic: Ken Lewis (Executive)
All Content
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New York sues Bank of America over Merrill Lynch merger
Bank of America and then-CEO Ken Lewis misled investors about the risks of acquiring Merrill Lynch, alleges a civil suit filed Thursday by New York's attorney general.
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How does Conan O'Brien's severance stack up on Wall Street?
NBC's $40 million severance to Conan O'Brien is worth 15 lifetimes of work for the average American. But it's no lollapalooza on Wall Street.
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Wall Street pay cuts ordered by Treasury
The Treasury Department is ordering pay cuts for top executives at the seven big companies that have yet to pay back government bailout cash. The US public has balked as such firms have handed out huge bonuses.
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The New Economy
Money Daily Brief: US service sector expands
Major Asian stock indexes fell on concerns about weak US labor markets.
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Five questions for Ben Bernanke
The Senate is likely to confirm him, but not without asking things like 'How soon will you raise interest rates?'
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Lawmakers chide Paulson for 'unchecked government power'
In Thursday's hearing, they pointed to the Bank of America-Merrill Lynch merger as evidence of a system that had spun out of control.
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Did Fed chief Bernanke threaten Bank of America officials on merger?
Or did the bank's CEO engage in an 'old-fashioned shake down' in seeking a government bailout?
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The New Economy
Congress grills Bank of America's Lewis on Merrill merger
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Stress tests behind them, banks move to pay back TARP funds
Some firms, including Morgan Stanley, race to prove they can fund themselves by turning to private investors.
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Forget tea parties. Bring a pitchfork to a shareholder meeting.
If you want a revolution, hold corporate elites accountable.
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Bank of America makes money and the stock market ... dives?
Concern about its loan losses – and those of other banks – helped to push the Dow down 3.56 percent on Monday.
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Bank CEOs defend their use of taxpayer money
They tried to reassure Congress and regain the trust of an angry public on Wednesday.
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Bank of America's $1.8 billion loss dims its prospects
Bank didn't foresee 'significant deterioration' in December. Merrill Lynch deal weighs on its future.







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