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Pam Grier lands 'Smallville' role
nytimes.com at 29 May 2009 05:49 pm
O. Temple Sloan, who had been an ally of the chief executive, Kenneth Lewis, is leaving after 13 years.
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Kenneth Lewis
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Bank of America CEO Kenneth Lewis testifies on Capitol Hill in Washington
Bank of America CEO Kenneth Lewis testifies before a House Oversight and Government Reform Committee hearing on Bank of America's purchase of Merrill Lynch in Washington on June 11, 2009. (UPI Photo/Kevin Dietsch)
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If the United States needed a financial soap opera -- a dubious premise, perhaps -- the purchase of Merrill Lynch by Bank of America is shaping up as a doozy.
WASHINGTON, Oct. 20 (UPI) -- White House officials told Bank of America they agreed with a U.S. taxpayer rescue package to support the bank's purchase of Merrill Lynch, bank documents show.
NEW YORK, Oct. 20 (UPI) -- The value of executive perks at bailed out U.S. financial firms rose 4 percent in 2008 while declining in other firms, a research group said.
The chorus of complaints about compensation at U.S. banks grew louder this week as White House officials said billions of dollars in bonuses were "offensive."
CHARLOTTE, N.C., Oct. 16 (UPI) -- Bank of America Chief Executive Officer Kenneth Lewis said he would forfeit his salary for 2009 amid new revelations over the purchase of Merrill Lynch.
President Barack Obama's financial reform package took a step forward as a House panel in Washington approved a measure to regulate derivatives.
CHARLOTTE, N.C., Oct. 14 (UPI) -- The paper trail concerning Bank of America's purchase of Merrill Lynch shows the deal was a dubious proposition to some of the U.S. firm's executive team.
NEW YORK, Oct. 13 (UPI) -- Bank of America's board of directors agreed to disclose legal advice connected to its purchase of Merrill Lynch in January, which is clouded in controversy.
The Dow Jones industrial average cranked up to a high for the year, but settled down as the surge deflated on Wall Street Monday.
CHARLOTTE, N.C., Oct. 2 (UPI) -- U.S. financial giant Bank of America said it formed a search committee to find a replacement for beleaguered Chief Executive Officer Kenneth Lewis.
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latimes.com at 29 Apr 2009 06:18 pm
After attacking him over the acquisition of Merrill Lynch, shareholders vote narrowly to keep the beleaguered chief executive on the board. Walter Massey replaces him as chairman. Amid...
latimes.com at 24 Apr 2009 03:00 am
Kenneth Lewis, the bank's chief executive, said Paulson and Bernanke vowed to oust him and the board if the purchase of Merrill was aborted. Former Treasury Secretary Henry M. Paulson and...
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