Ken Lewis Is Chairman of the Nothing Is Fucked Club But We All Have Jackets

  • News

    Hey, Why Don’t We Muck With Their Board?

    Oh dear. What’s next? I have an idea, how about you just nationalize the damn thing and stop pretending so as to avoid offended relatives of Ken Lewis? Can we finally dispense with the fiction that these are viable, private companies? Federal officials have pressured Bank of America Corp. to revamp its board by bringing […]

    / May 15, 2009 at 9:39 AM
  • News

    I Said Nothing Is Boaed, Dude.

    We find ourselves wishing there was a word in English for that feeling you get when you read an article confirming the details of a bit of news- probably bad- you were already expecting. It’s that sort of sinking “Uh… wow.” that represents the sudden realization that, though you were prepared for the news, it […]

    / May 6, 2009 at 8:57 AM
  • News

    Breaking: CalPERS Hates Boone’s

    And, accordingly, has voted against all 18 of Bank of Amerrilwide’s Directors and Ken “Strawberry Hill” Lewis. Suck it Kenny. Update: Reuters has it now: CalPERS opposes entire Bank of America board CalPERS said it opposes the directors “for their role in allowing billions of dollars in bonuses to be paid to Merrill Lynch employees […]

    / Apr 28, 2009 at 1:49 PM
  • News

    Friday Is Ken Lewis Day: The EmperorSEC Is Not As Forgiving As I Am

    Sure, Cuomo may have given him an alibi, but the SEC is still pissed off, and plans to remain so for some time: Cuomo revealed in a letter yesterday to Congress and federal regulators that Lewis testified in December that then- Treasury Secretary Henry Paulson may have threatened to remove the bank’s management and directors […]

    / Apr 24, 2009 at 10:34 AM
  • News

    Another “Killing It” Definition

    We are fairly certain that none of our readers would be surprised to learn that private equity has been taking it on the chin in a big way in the last many quarters. What might be surprising is that the likes of KKR haven’t been hit harder. We sort of expected to see leveraged endeavors […]

    / Mar 2, 2009 at 11:50 AM

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