Topic: Ken Lewis (Executive)
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. The bank and the SEC, meanwhile, offer a $150 million settlement for investors over the Merrill Lynch episode.
02/04/2010 05:31 pm
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.
01/19/2010 02:06 pm
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.
10/22/2009 01:00 am
Major Asian stock indexes fell on concerns about weak US labor markets.
10/05/2009 01:00 am
The Senate is likely to confirm him, but not without asking things like 'How soon will you raise interest rates?'
08/25/2009 01:00 am
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.
07/16/2009 01:00 am
Or did the bank's CEO engage in an 'old-fashioned shake down' in seeking a government bailout?
06/25/2009 01:00 am
06/11/2009 01:00 am
Some firms, including Morgan Stanley, race to prove they can fund themselves by turning to private investors.
05/08/2009 01:00 am
If you want a revolution, hold corporate elites accountable.
05/05/2009 01:00 am
Concern about its loan losses – and those of other banks – helped to push the Dow down 3.56 percent on Monday.
04/20/2009 01:00 am
They tried to reassure Congress and regain the trust of an angry public on Wednesday.
02/11/2009 12:00 am
Bank didn't foresee 'significant deterioration' in December. Merrill Lynch deal weighs on its future.
01/16/2009 12:00 am