• 10 Nov 2009 at 2:09 PM

Ken Lewis Thinks Ken Lewis Has Done A Great Job

By John Shazar

I am confident history will show that our actions… in building Bank of America positioned our company for future success. As I look ahead, I see no reason that Bank of America will not be among the handful of the most important and most successful financial-services companies in the world.

I can think of 45 billion reasons.

Our business model is benefitting from the acquisitions of Countrywide and Merrill Lynch.


Key parts of the business model: Buying majority stakes in several dozen class-action ambulance-chasing law firms, and outsourcing decision-making to the Treasury and Federal Reserve.

It is easy to let the short-term difficulties obscure one’s long-term views.

I’m looking at you, Bob Kelly.
Lewis: Merrill Integration Ahead of Schedule [WSJ]

Comments (11)

  1. 1
    Posted by pfluger | November 10, 2009 at 2:22 PM

    Well there you have it.
    He says BofA’s business model has benefitted from Countrywide and Merrill.
    Ladies and Gentlemen, we have now officially gone through the Looking Glass.

  2. 2
    Posted by guest | November 10, 2009 at 2:23 PM

    Nothing is f’d.

  3. 3
    Posted by guest | November 10, 2009 at 2:25 PM

    Don’t let the door hit you in the ass as you leave, Ken.

  4. 4
    Posted by Investorcluzo | November 10, 2009 at 2:28 PM

    all of our high paid talent is leaving. at the current turnover rate our cost savings target should be met by Q4 (and tellers will be running the investment bank)…but *ahem* our revenue will be half of the pro-forma numbers from last year. kthxbye!

  5. 5
    Posted by guest | November 10, 2009 at 2:48 PM

    Kenny doesn’t care about anything. He’s a Nihilist.

  6. 6
    Posted by guest | November 10, 2009 at 2:48 PM

    @4
    naiillleeddd ittttt. whammmyyyyy.

  7. 7
    Posted by guest | November 10, 2009 at 2:53 PM

    They just don’t get us!
    - George W. Bush

  8. 8
    Posted by guest | November 10, 2009 at 2:57 PM

    “Our business model is benefitting from the acquisitions of Countrywide and Merrill Lynch.”
    My business model is benefitting from the acquisition of a cock up my ass.
    Jenna Jameson

  9. 9
    Posted by guest | November 10, 2009 at 3:03 PM

    Ken who?

  10. 10
    Posted by guest | November 10, 2009 at 3:14 PM

    Well he is correct that BofA is important. I mean it fucked so many people at one time, its like the US congress of the financial industry.

  11. 11
    Posted by guest | November 10, 2009 at 10:04 PM

    @4 I’m glad to see that the title of “high paid talent” is still being used for a bunch of no good a-holes pulling numbers out of their asses.
    Personally good riddance I say…

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