Ken Lewis Thinks Ken Lewis Has Done A Great Job

Author:
Publish date:
Updated on

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]

Related