Ken Lewis Interested In Repaying TARP A-SAP, Still Loving Mozilo And MER
Bank of Amerillwide chief Ken Lewis told the LA Times last night that he wants to start giving the government its $45 billion after the completion of the firm's stress test, which he expects to pass, though no promises, on either front. Lewis said it's possible BAC will pay it all back "as early as the fourth quarter of this year," and also defended the Countrywide and Merrill Lynch acquisitions as "strategically sound in the long run."
