Ken Lewis news from FierceFinance
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Is Wall Street credibility an issue?
Breakingviews notes that a lot of CEOs should "now help themselves to generous portions of the sanguine words they have uttered over the last few months." Lehman Read more...
Bank of America: Another upside surprise
Bank of America joined Wells Fargo, Citigroup and a handful of other bank that reported better than expected earnings for the second quarter. It posted a gain of 72 Read more...
More on Ken Lewis's big bet
Ken Lewis, CEO of Bank of America, really bet his career on Countrywide. We've made that point repeatedly. For all the savvy deals he's pulled off--MBNA and Read more...
Is Bank of America's Ken Lewis the next to get sacked?
In the furor over Lehman Brothers recently, many have suggested that CEO Dick Fuld's job is on the line. But you really could say the same for other banks out there--big and small. A commentary on Read more...
Illinois to sue Countrywide; tip of iceberg?
We've noted before that prosecutions and regulatory action always follow scandals. So the news that the state of Illinois will sue Countrywide and its CEO Angelo Mozilo come as no surprise. You can Read more...
Countrywide to be Ken Lewis's undoing?
The sacking of former Wachovia CEO Ken Thompson shows how one deal really can blow a guy's career. True, Read more...
ALSO NOTED: Goldman Sachs, Morgan Stanley estimates cut again; Countrywide must face shareholder suit; and much more...
Company News:> Bullishness on Franklin Resources. Article > Read more...
Should Bank of America walk away from Countrywide?
MarketWatch notes that Countrywide is a bad position. Basically, its debts exceed its assets. Negative equity, of course, doesn't exactly speak well for the mortgage giant's future. Of immediate Read more...
Bank of America CEO faces shareholders
Bank of America CEO Ken Lewis took his turn before his shareholders. The questions were a bit shrill apparently, but he and his Read more...
SPOTLIGHT: Bank of America's dividend
Will the troubled bank be forced to cut its 64 cents a share dividend? A fair question right now. The yield of roughly 7 percent seems increasingly hard to justify in light of its huge earnings Read more...