• 06 Feb 2009 at 8:48 AM

Ken Lewis Not Down With Meetings That Keep Him At Work Past Happy Hour

By

Picture 686.pngWhich you already knew, but it’s nice to see him go the extra mile to put it in print. Also, the Bank of Amerwillwide board is apparently up to get down with $2/share (kidding?) and the acquisition of a third asbestos company (suggest one today). Per the Journal:

Last week, Mr. Lewis went before his directors in Charlotte for “the longest board meeting in anyone’s memory,” he told employees in a memo. “The board unanimously endorsed our business model, strategic direction and the team. The burden of execution and accountability, as always, rests squarely on our shoulders to vindicate their confidence in us.”

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    Comments (19)

    1. 1
      Posted by guest | February 6, 2009 at 8:53 AM

      So who was it that sold BAC all week. Bondholders? Temasek? Shorts?
      Did Goldman do it because they ousted Thain? As a warning to other firms not to layoff alumni?

    2. 2
      Posted by guest | February 6, 2009 at 8:59 AM

      Think of it–Lewis gavde up a half priced scotch for every two shares he bought…

    3. 3
      Posted by guest | February 6, 2009 at 9:07 AM

      “i’ve had all the fun i stand with ken lewis” – investmnet banking

    4. 4
      Posted by guest | February 6, 2009 at 9:07 AM

      CNBC quoting dick bove saying BAC is a “strong buy” and that nationalization makes “no sense whatsoever.” Isn’t this the same guy who said citi was the “buy of a lifetime” at $20/share???

    5. 5
      Posted by Revmachine21 | February 6, 2009 at 9:10 AM

      I’m tired of this douchebag.

    6. 6
      Posted by guest | February 6, 2009 at 9:13 AM

      dealbreaker now blocked at what was formerly MER…

    7. 7
      Posted by guest | February 6, 2009 at 9:14 AM

      Bove, don’t get me started….

    8. 8
      Posted by guest | February 6, 2009 at 9:17 AM

      Ha! @3 awesome.
      @4 Yes and Dick Bove did say Lehman would not be allowed to fail because doing so would cause a huge financial panic.
      So…come on, the guy is due.

    9. 9
      Posted by guest | February 6, 2009 at 9:27 AM

      This would never have happened at Quick & Reilly.

    10. 10
      Posted by guest | February 6, 2009 at 9:33 AM

      #6, must have been yesterday after I was laid off since I was checking it in the morning before my “manager wanted to see me”

    11. 11
      Posted by Bess Levin | February 6, 2009 at 9:41 AM

      @6– supposedly http://www.dealbreaker.com is blocked but you can get on dealbreaker.com

    12. 12
      Posted by guest | February 6, 2009 at 9:46 AM

      @4, C was the buy of a lifetime at 20, i loaded the boat…hold on!

    13. 13
      Posted by guest | February 6, 2009 at 10:01 AM

      Incredible talent and wordsmithing, Mr. Lewis!!!
      ~Judges of “American Idol for Bullshitters”

    14. 14
      Posted by guest | February 6, 2009 at 10:04 AM

      Thank god for my sweet gig over here at Primerica. Who wants to join my sales force?

    15. 15
      Posted by guest | February 6, 2009 at 10:04 AM

      http://www.youtube.com/watch?v=bs4y5si8DGs

    16. 16
      Posted by guest | February 6, 2009 at 10:51 AM

      @9 lol

    17. 17
      Posted by guest | February 6, 2009 at 12:56 PM

      Ken Lewis, you mother fucker…You destroyed the value of this company. I hope you rot in hell asshole

    18. 18
      Posted by guest | February 6, 2009 at 12:56 PM

      Ken Lewis, you mother fucker…You destroyed the value of this company. I hope you rot in hell asshole

    19. 19
      Posted by guest | February 6, 2009 at 12:57 PM

      Ken Lewis, you mother fucker…You destroyed the value of this company. I hope you rot in hell asshole

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