Ken Lewis, Bank of America Board Keep Their Jobs
Bank CEO was protested
Despite outcry from shareholders and protests at Bank of America’s annual shareholder meeting today, Ken Lewis will retain his position as CEO of Bank of America.
The rest of the board will also remain in their current jobs. For details on protests, read my earlier post.
Thou doth not [...]
Me and My Stock Market Habit
I could have been a racing driver
I grew up in a stock exchange oriented house. The family owned a large furniture business and they floated a company on the exchange. I don’t remember much of those days but there were always uncles and older cousins in deep discussions about the [...]
Bank Nationalization | by Your Faxless Payday Loan Source
Government taking control of financial sector
Taxpayers are currently the biggest shareholder in Bank of America.
Your faxless payday loan source keeps you updated on the nation’s economy.
As the government buys stock in more banks, more questions from taxpayers and political leaders are beginning to surface. When the government pumps money into [...]
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