Bank of America CEO to Get No Salary for 2009
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File photo of Bank of America's Ken Lewis testifying before House ...Source: Reuters
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Ken Lewis - the CEO for Bank of America is retiring with a 68.8 Million dollar “going away” package that will help him take care of his 10 homes and 3 yachts… This is the same person who made sure that tens of thousands of credit card holders who had never missed a payment, been late or used more than 30% of what ...
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- News Source: Reuters | about 1 month agoA Bank of America spokesman was not immediately available for comment. The news also comes as the bank reported worse-than-expected third quarter earnings. CEO Ken Lewis' impending departure -- he is planning to retire at year's end and a successor...
- News Source: San Diego Union-Tribune | about 1 month agoBank of America's outgoing chief executive, Ken Lewis, will get no salary or bonus for 2009 under an agreement with the government pay czar, who is scrutinizing compensation at bailed-out banks. Kenneth Feinberg, the Treasury Department's special...
- News Source: Tulsa World | about 1 month agoThe gains came a day after the Dow Jones industrials surged above the 10,000 level for the first time in a year. Stocks rallied in the final 15 minutes ahead of quarterly reports from Google Inc., IBM Corp. and chip maker Advanced Micro Devices that...
- News Source: Times Online | about 1 month agoKen Lewis has faced criticism for his management of the bank, especially over the decision to buy the struggling Merrill Lynch last year, and will receive no financial reward for 2009 before retiring at the end of the year. Kenneth Feinberg, pay...
- News Source: Los Angeles Times | about 1 month agoLewis won't receive BofA salary, bonus Bank of America Corp. said Chief Executive Kenneth D...Lewis accepted a recommendation from Kenneth Feinberg, the special U.S. pay master, said Robert Stickler, a spokesman for the Charlotte, N.C.-based lender. "...
- News Source: The Journal Gazette | about 1 month agoNews services The maximum contribution limits for your 401(k) and other retirement plans will stay the same next year, the IRS says. The agency released a statement Thursday keeping the maximum contribution rate at $16,500 instead of lowering it,...
- Blog Source: www.washingtonexaminer.comBank of America Corp.'s outgoing CEO, Ken Lewis, will get no salary or bonus for 2009 under an agreement with the government pay czar, who is scrutinizing compensation at bailed-out banks.
- Blog Source: blog.macroaxis.comBank of America (BAC) CEO Ken Lewis will receive no salary or bonus for 2009, but will likely retain his $125 million retirement package. WSJ: Kenneth Lewis, outgoing chief executive of Bank of America Corp., will get no salary or bonus ...
- Blog Source: cityfile.comKen Lewis Comes Up Empty | Ken Lewis, the outgoing CEO of Bank of America, won't be collecting a salary or bonus for 2009, according to the Wall Street Journal. Why? Because the Treasury Department's pay czar, Ken Feinberg, ...
- Blog Source: worldreportsite.comThis is insane: At the “suggestion” of special master for executive compensation Kenneth Feinberg, Ken Lewis, the outgoing CEO of Bank of America, will get no salary or bonus for 2009, the year he spent being battered by the press and ...
- Blog Source: www.businessinsider.comkenlewisside tbi. Bank of America (BAC) CEO Ken Lewis will receive no salary or bonus for 2009, but will likely retain his multi-million dollar retirement package. WSJ: Kenneth Lewis, outgoing chief executive of Bank of America Corp., ...
- Blog Source: ourforwardmovement.blogspot.comKen Lewis takes no salary or bonus for 2009! No worries - Dude takes home over $100 million in a retirement package regardless (which conveniently for him, was arranged before BofA received federal monies and came under the supervision ...
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Image Source: i151.photobucket.comBofA Chairman and CEO Kenneth ...Image Source: i151.photobucket.comBofA Chairman and CEO Kenneth Lewis ... -
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Image Source: s.wsj.net -
Image Source: assets.nydailynews.com
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Video Source: www.truveo.com - Video Source: www.truveo.comKen Lewis to Receive No Salary ...Video Source: www.truveo.comKen Lewis to Receive No Salary or Bonus
- Video Source: xml.truveo.comKen Lewis to Receive No Salary ...Video Source: xml.truveo.comKen Lewis to Receive No Salary or Bonus
- Video Source: www.truveo.comKen Lewis to Receive No Salary ...Video Source: www.truveo.comKen Lewis to Receive No Salary or Bonus
- Video Source: www.truveo.comKen Lewis to Receive No Salary ...Video Source: www.truveo.comKen Lewis to Receive No Salary or Bonus
- Video Source: www.truveo.com
Cell phones use report code: Related Tweets
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@louisestory We give you the scoop first on biggest puzzle in Bank of America case:what did lawyers advise on Merrill's losses? http://bit.ly/3pMvF1
about 1 month ago -
@kzaleski Going to bkfast to hear Goldman Sachs CEO speak. Good article in Wash Post on what GC's huge earnings mean http://bit.ly/2j0zY4
about 1 month ago -
@pmintz Bank of America Announces Third-Quarter Net Loss of $1.0 Billion http://bit.ly/8mJSO
about 1 month ago -
@Kelly_Evans Not great news from the "bellwether" RT @wsjbreakingnews GE's 3q profit fell 51% to $2.5 billion, or 22 cents a share. Revenue declined 20%.
about 1 month ago -
@codywillard Ken’s giving back $1mm and not take a salary for this year? What a crock…let’s claw back the entire $165MM or so, no? http://bit.ly/jrFTa
about 1 month ago -
@SchatzWSJ RT @davidmwessel: B of A's Ken Lewis won't get paid for '09 work. Must live on his $70+ million retirement & severance http://bit.ly/DJGSG
about 1 month ago -
@davidmwessel B of A's Ken Lewis won't get paid anything for his '09 work. Has to live on his $70+ million retirement & severance http://bit.ly/DJGSG
about 1 month ago -
@jaketapper @OKnox this from a guy who spent last weekend watching a Jerry Lewis marathon
about 1 month ago
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