Say what you want about Dick Bové, but the Rochdale Securities analyst writes from the heart. She may not get things right all the time but she puts her feelings, raw and uncut, out on the table, and that’s never wrong. Whereas peers like Meredith Whitney and Mike Mayo are probably responding to Ken Lewis’s announced resignation from a cold, uncaring POV, Divé is getting emotional. Sorry if that’s too much for you to handle but Ken Lewis meant a lot* to the Rochdale rising star and she’s not going to stand here and let you drag her man’s name through the mud. She will not hold her tongue any longer. Honestly. Fucking pigs. After emerging from the ladies room yesterday evening with the telltale signs of crying on her face (smeared mascara), Divé sat down, took a deep breath, and prepared the following statement for her clients. Let’s take this line by line because each one is better than the next.
“The success of this bank is due to the brilliance of Ken Lewis as a visionary and tactician.”
Who else would’ve had the foresight to acquire a ticking bomb of a company, and to keep it on the hush-hush before shareholders could bitch? Not you Jamie. Not you Lloyd. But rather than celebrate the genius of this businessman, who comes with a dreamy Southern drawl to boot, everyone just wants to bring him down. Why? Isn’t it obvious? They’re jealous.
“No other banker in this country can equal his achievements and yet every banker wishes s/he could.”
That’s right. None of you will admit it, but you’re seething inside that you couldn’t do what Ken has done. It’s sad really, and Dick pities you. Know who else he feels bad for? The know-nothing government officials who felt the need to tear down this bright shining star.
“Yet despite his successes, he was torn from his post by politicians lacking any of Mr. Lewis’ skills and successes. One can only be amazed that our system of governance can be so flawed.”
Bank of America: End Of The Lewis Era [BW via BI]
*More than you’ll ever know.
Here Are Some Thoughts On Men And Wall Street
Jerk Running Ferry To Fire Island Not Up On The Celebs Of Financial Reform
I don’t know about that, but what I do know is: there is something rotten in cotton!
- E. Towns
(please o, please get the clip!)
what a pussy.
-meredith
Bye Bye Kenny Boy!!!! We hardly knew ya! Enjoy a case of Boone’s on me!
– Roman
Know what’s funny? Truck Nutz. Every time I see dem I laugh. It’s like da truck’s got cogliones. Makes me want to buy a truck.
-CG
Keep on phucking that chicken! Wait, what?
Ok, for realsies. Dick Bove : Ken Lewis as Greg Michaels : _________
A) Shia LeBoeuf
B) Tyrone & da Gang
C) Middle School English Teacher
D) Other
Yeah, Dick, but who’s gonna succeed Kenny? Charlie has narrowed it down to about 20 people inside the company, unless they choose from a variety of interim candidates, and oh yeah, it could be none of these but possibly an assortment of outsiders too. According to a number of industry bigs Charlie is talking to. And Scott Wapner is “wrong” that BofA is Too Big To Manage. Just plain wrong.
serious question- how was this guy not been fired?
@5 why the dig at middle school english teachers? dbag.
@7 – Serious question: How do you passed fourth grades?
@6 How dare you even ask me to address that so soon.
-DB
@8 – See #7…thanks.
Ken Lewis let the dogs out! woof, woof, woof, woof!
They took the idols and smashed them, the Fulds, the Caynes, the Lewises! And who’ve we got now? Some nobodies!
@7 – the same way Stan O’Neal was able to “retire”
@5 = fag
Chicks are suckers for Southern drawls
@16 esp crazy ones w low self-esteem like Miss Bove.
Back in ‘06 I got KL to autograph my nutsack after a boozy night together in Charlotte and I haven’t washed since. It was all worth it as this is gonna be worth something now that he’s retiring.
@15 – You meant: “#5 = Fag”…idiot.
@Covered
To quote one of my favorite DB posters… Who pissed in your Wheaties this morning?
Dick Bove was put upon this earth for our entertainment and we should all be thankful for these small mercies.
I broke dis story!! I broke it. My story ran a full 60 minutes before it was on PBS Newshour yesterday. Swear!
-cg
what happened with the old Bove descriptor, the “adorable woodlands creature” or something?
@20/TC – Michael Moore, and there’s not enough listerine in the world…
Point taken though, I’ll ease up.
Bess – take a bow, hilarious piece.
@24/Covered
No worries. I am often at the receiving end of said comment. This place does it to you.
@23 Bove has two personalities- 1) adorable woodland creature 2) crazy female. They don’t overlap.
If Kenny boy wants to come out of retirement, will he make a good teller?
wow. amazing how all of you quickly forgot the fact that Ken was FORCED by….yes yes yes – Paulson and Co. – into taking the “ticking bomb” or else. And now – guess – he refuses to take all the blaim for it? There he goes, after GM chief, and following the rest. And guess what? White House now has the power to veto even the choices for CEOs of banks! Democracy gallore!
“No other banker in this country can equal his achievements and yet every banker wishes s/he could.”
Yet was a poor choice of words here no?
[...] help it– she couldn’t even see straight she was so mad! I mean, really! The “success” of Bank of America was “due to the brilliance of Ken Lewis as a visionary and [...]