Ghost of Ken Lewis haunts Bank of America shares

September 1, 2010

he ghost of Ken Lewis continues to haunt Bank of America's shareholders.

BofA settles for compromise candidate as new CEO

December 18, 2009

White smoke finally emanated from the chimneys of Bank of America headquarters. The conclave of directors at what should be America's most profitable bank selected Brian Moynihan on Dec. 16 to succeed Ken Lewis as chief executive. That's good news in one respect: it means the bank can break with the legacy of its current boss.

End the Ken Lewis horror show

October 16, 2009

Ken Lewis’ stewardship over his big bank of horrors needs to end now.

If there was any doubt that Bank of America would be better off with an interim chief executive instead of letting Lewis keep the seat warm for another few months, the bank’s dismal third-quarter earnings should put that notion to rest.

BofA and the succession obsession

October 5, 2009

Wall Street loves to speculate about who may be the chief executive in waiting at some large company. That obsession with succession is evident in the wake of Ken Lewis' decision to step downas chief executive of Bank of America by year-end.

The real deal with Ken Lewis

October 1, 2009

The myth of Ken Lewis as an exemplary dealmaker persists in some corners of Wall Street, even as he's being driven out of Bank of America because of his handling of his last and most controversial deal -- the acquisition of Merrill Lynch. It's time to put this myth to rest.

BofA’s Lewis goes packing

September 30, 2009

With Lewis gone, Bank of America will be better able to move forward on a number of fronts. For Vikram Pandit of Citigroup, however, it is a bad omen.