Posts Tagged ‘malicious rumors’

What’s Ken Lewis Whining About?

Saturday, February 21, 2009 13:50 6 Comments

Amid growing rumors of bank nationalization, which the WSJ and Dow Jones attribute to ChartingStocks.net, the great wealth destroying CEO of Bank of America felt obliged to give an emergency interview  yesterday to play down talks of government takeover.
“When you talk about nationalization of Bank of America, it becomes absurd. What it appears to [...]

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Nothing’s True Until it’s Officially Denied: Ken Lewis on “Rumors”

Friday, February 20, 2009 16:09 1 Comment

Bank of America CEO was quick to respond to the growing rumors that his bank may be taken over by the government. In a CNBC interview today Mr. Lewis said:
“I have talked with government officials, members of Congress, and regulators, and no one has ever thought nationalization of the industry was likely to happen. When [...]

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