Sunday, January 18, 2009

WSJ - Mugging Bank of America

Mugging Bank of America
No good financial deed goes unpunished.

So much for being a good corporate citizen. Bank of America CEO Ken Lewis earned kudos last year for stepping into the breach when the mortgage market and Wall Street cratered. BofA's purchase of Countrywide Financial and its September agreement to buy Merrill Lynch offered a welcome dose of optimism and private capital amid the panic...

Full Article at: http://online.wsj.com/article/SB123215299934192217.html

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