Results tagged “Bank of America” from Dealbreaker
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Bank Of America Board To Lock Themselves In A Room Sunday Night And Not Come Out 'Til They Come Up With Someone Willing To Take Over For Ken Lewis, Maybe
Nov 20, 2009, 1:19pm
Posted by Bess Levin
Charlie Gasparino reports that the Bank of America board "really, really" wants to finally pick someone to take the job of boozing it up at happy hour and then returning to the office and saying "How 'bout we do Merrill...
In Spite Of Being The Worst Job On Wall Street, BofA CEO Is Actually The Best Job In Finance
Nov 19, 2009, 12:30pm
Posted by Jon Shazar
The luckiest man on earthHere at Dealbreaker, our opinion of Bank of America is pretty clear. The company is a dysfunctional mess and, despite being the biggest bank in the country, can't seem to find anyone interested in taking its...
Paulson Thinks He Can Make Three Times His Money On Bank of America
Nov 18, 2009, 10:21am
Posted by Teri Buhl
According to Paulson & Co internal documents John Paulson is thinking soon to be CEO-less BofA will be worth three times what he bought it for in two and a half years time. Yesterday, Bloomberg reported JP's been telling his...
John Thain Says He Never Threw A Chair, Is Willing To Take Bank Of America CEO Job
Nov 18, 2009, 9:49am
Posted by Bess Levin
We've been saying for a while that John Thain is the ideal candidate to take over Bank of America, as a) he's unemployed and b) he could use his power to equip every men's room with the line of urinal...
Steve Cohen Spits In Ken Lewis's Face
Nov 17, 2009, 8:22am
Posted by Jon Shazar
Will the indignities heaped upon Bank of America never end? It can't find anybody who is willing to step into the considerable--if dirty--shoes of the inimitable Ken Lewis. Its former CFO just got canned for helping to run GMAC Financial...
Ken Lewis Jr. Canned As GMAC Financial CEO
Nov 16, 2009, 5:15pm
Posted by Jon Shazar
The CEO of GMAC Financial Services (a joint-venture of the United States government) has been forced to resign on the eve of the company's third recourse to taxpayer money. Alvaro de Molina resigned at the request of GMAC Financial's board...
Maybe Citi Doesn't Suck So Much
Nov 16, 2009, 12:17pm
Posted by Jon Shazar
It's been a pretty rough couple of years for Citigroup. But a couple of the world's biggest hedge fund managers seem to think Vikram and Co. have something going. Paulson & Co. bought up a $1.2 billion stake in Citi...
Ken Lewis Thinks Ken Lewis Has Done A Great Job
Nov 10, 2009, 2:09pm
Posted by Jon 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...
Bank Of America Having Difficulty Taking A Hint
Nov 05, 2009, 10:28am
Posted by Bess Levin
No one (not currently on payroll in Charlotte) wants to be CEO of Bank of America. That much is obvious. Not Ken Lewis, not anyone. Included in that group of people: Bank of New York Mellon Robert Kelly. And yet,...
The Dowager City: Next BofA Chief May Quit Charlotte
Nov 03, 2009, 1:59pm
Posted by Jon Shazar
Continuing our coverage of the search to fill the Worst Job on Wall Street, we have some bad news for the Charlotte tourist bureau. Bank of America has decided not to force its next CEO to live and work in...
Nobody Wants To Lead Bank Of America
Nov 02, 2009, 10:35am
Posted by Jon Shazar
The country's biggest bank needs a CEO, and given how well things have gone for Bank of America in recent years, some people think that some fresh blood is in order. The fresh blood, by contrast, seems to disagree. The...
Merrill Lynch: Celebrate The Birth Of Christ And/Or Anniversary Of The BAC Integration On Your Own Time
Oct 30, 2009, 11:32am
Posted by Bess Levin
The hideous rumor that the opportunity for some legacy Merrill Lynchers to drunkenly grope each other in commemoration of JC and the Bank of America merger this year is apparently true, though it remains unclear as to why (and why...
Bank of America: People Would Be Banging Down The Doors To Work Here If It Weren't For Ken Feinberg And His Freaky Ass Rules
Oct 22, 2009, 4:44pm
Posted by Bess Levin
Mary Thompson reports that Bank of America has taken the opportunity provided by the Comp Cop's crackdown on pay to note that "people want to work at Bank of America." They really do! But now, in light of the new...
Bank of America Might've Bought Lehman If Tim Geithner Had Better Job Talking Up Dick
Oct 20, 2009, 3:26pm
Posted by Bess Levin
So Hank Paulson held secret meetings with Goldman in a hotel room in Russia and now we also find out, from Andrew Ross Sorkin's new book, that matchmakers Paulson and Geither arranged a midnight meeting between Dick Fuld and Ken...
Bank of America Turns A Profit
Oct 16, 2009, 2:03pm
Posted by Bess Levin
It's just under a million which might not seem like that much but I can think of a certain someone who wouldn't thumb his nose at a mill right about now. The Observer reports that Bank of America has sold...
Michael Moore Misses The "Leave It To Beaver" Days Of Capitalism
Oct 15, 2009, 2:15pm
Posted by Bess Levin
Visit msnbc.com for Breaking News, World News, and News about the Economy He's also not down with the $30 billion Bank of America is set to hand out in bonuses, and would instead prefer a warrant for Ken Lewis's arrest....
What Sort Of Files Do We Think Are On Ken Lewis's Hard Drive?
Oct 09, 2009, 2:22pm
Posted by Bess Levin
The problem Wikileaks often runs into is how to present the material it's been given and how to make it easier to sift through for vital information, said Assange. "At the moment, for example, we are sitting on 5GB from...
Which Troubled Financial Services Company Made Sallie Krawcheck Vomit?
Oct 09, 2009, 2:03pm
Posted by Bess Levin
Obviously the gut goes with Citi or Bank of America, but no! So this is going to be a tough one. According to the Kraw, who spoke Wednesday night at the Manhattan's Museum of American Finance, before she took her...
Other Dream Picks: Dick Fuld, Stan O'Neal, Dennis Kozlowski Telecommuting From Inside The Joint
Oct 09, 2009, 12:59pm
Posted by Bess Levin
You know who would be a great candidate to take over for Ken Lewis at Bank of America? Alan Schwartz. Yes, he does already have a job at Guggenheim Partners, and his nights and weekends are pretty filled trying to...
Sallie Krawcheck's Imaginary Bid For Ken Lewis's Job Gets Endorsement
Oct 08, 2009, 10:45am
Posted by Bess Levin
Earlier this week, the Post announced Sallie Krawcheck's intent to be named Bank of America CEO, based on the statement she made to CNBC that she's "fully engaged" in her gig as head of wealth management. SK has yet to...
