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The Motley Fool
January 22, 2009
Morgan Housel
Was Bank of America Forced to Buy Merrill? Two key questions that investors want to know the answers to are when those seemingly "unexpected" Merrill losses came to light, and why the deal was still consummated after they were discovered. mark for My Articles similar articles
The Motley Fool
June 11, 2009
Morgan Housel
Does Ben Bernanke Hate Bank of America? Did Federal Reserve Chairman Ben Bernanke unlawfully railroad Bank of America into buying Merrill Lynch? Some say yes and now point to documents subpoenaed by the House Oversight and Government Reform Committee as evidence. mark for My Articles similar articles
The Motley Fool
April 23, 2009
Matt Koppenheffer
Conspiracy at Bank of America? News breaks that Bank of America CEO Ken Lewis was supposedly strong-armed by the government to keep mum on the losses at Merrill Lynch. mark for My Articles similar articles
The Motley Fool
April 21, 2009
Morgan Housel
B of A's Ken Lewis: Still Mostly Clueless Maria Bartiromo asks Bank of America CEO Ken Lewis how he would prove to an upcoming shareholder meeting that Merrill Lynch won't become something that will require a 12-figure bailout by the federal government. mark for My Articles similar articles
The Motley Fool
February 4, 2010
Morgan Housel
Ken Lewis: A Fraudster, or Just Stupid? Or maybe a stupid fraudster? mark for My Articles similar articles
The Motley Fool
April 29, 2009
Matt Koppenheffer
B of A Needs a New CEO Ken Lewis had his crack at running Bank of America and it hasn't turned out well. Should he be shown the door? mark for My Articles similar articles
The Motley Fool
September 15, 2009
Morgan Housel
Justice for Bank of America Shareholders Bank of America shareholders are getting some justice, and those singlehandedly responsible for transforming the bank from a world-class enterprise into a taxpayer-sucking ward are being held accountable. mark for My Articles similar articles
The Motley Fool
January 16, 2009
Morgan Housel
Bank of America Needs a Regime Change After news of a $2.39 billion quarterly loss and the announcement that dividends are all but history Bank of America investors now have sincere reasons to question the capability of CEO Ken Lewis. mark for My Articles similar articles
The Motley Fool
October 1, 2009
Matt Koppenheffer
Don't Let the Door Hit You, Ken Lewis! The CEO says the end of the year will be the end of his career with Bank of America. mark for My Articles similar articles
The Motley Fool
May 6, 2009
Morgan Housel
Bank of America's Big, Fat, Gaping Hole Already widely expected to be short on capital, the hole blown in the side of B of A's balance sheet now appears bigger than many expected. mark for My Articles similar articles
Registered Rep.
February 2, 2009
BofA's Lewis In Dissidents' Sights Just months ago, he was heralded as banker of the year. Now he's the target of a group of angry shareholders. mark for My Articles similar articles
The Motley Fool
March 4, 2009
Morgan Housel
Is Bank of America the Next to Crumble? While comparing B of A to Citigroup is hardly apples to apples, the trend is the same: Banks with dangerously low tangible common equity ratios must raise common capital lest even moderate future losses wipe out shareholders. mark for My Articles similar articles
Registered Rep.
February 4, 2010
Halah Touryalai
NY AG Names Names -- Charges Ken Lewis With Fraud The New York Attorney General's office today charged Bank of America CEO Ken Lewis with fraud for failing to disclose material details about Merrill Lynch in its merger with the brokerage. mark for My Articles similar articles
The Motley Fool
March 10, 2009
Morgan Housel
Don't Fall for Citigroup's Fantasy The news that the bank is actually profitable takes stretching the truth to a whole new level. mark for My Articles similar articles
The Motley Fool
February 20, 2009
Morgan Housel
Bank Stocks Obliterated Some of our largest banks now trade at their lowest levels since the early 1980s. mark for My Articles similar articles
The Motley Fool
March 4, 2009
Alex Dumortier
B of A CEO Quibbles Over $10 Billion Ken Lewis calls his request for $20 billion in aid from the government to complete the acquisition of Merrill Lynch "a tactical mistake," saying he should have requested ... just $10 billion. mark for My Articles similar articles
The Motley Fool
October 5, 2009
Morgan Housel
With Lewis Gone, Is Pandit Next? Citigroup's current CEO, Vikram Pandit, replaced Chuck Prince in 2007, so he can't be blamed for many of Citi's problems. But you can still argue that he should be replaced. mark for My Articles similar articles
Bank Director
4th Quarter 2009
Jack Milligan
For BofA, a Year of Living Dangerously While some might resent it, strong CEOs sometimes need strong boards to protect them from themselves. mark for My Articles similar articles
The Motley Fool
January 22, 2009
Morgan Housel
Gone So Soon, John Thain? Merrill Lynch's John Thain has bowed out just weeks after selling his firm to Bank of America. mark for My Articles similar articles
The Motley Fool
February 4, 2009
Morgan Housel
First, Fire All the Bad Bankers One thing that most see eye to eye on is that management of bailed banks should be thrown out. And why not? Most employees can be fired for showing up late, while bank CEOs are still employed after obliterating hundreds of billions of dollars in wealth. It's appalling. mark for My Articles similar articles
The Motley Fool
April 20, 2009
Morgan Housel
The Truth Behind Bank of America's Earnings Bank of America releases earnings that, at first glance, look too good to be true. To be frank, they are. mark for My Articles similar articles
Registered Rep.
January 22, 2009
Thain Departs BofA--An $87,000 Rug? Say It Ain't So, John! Client AUMs Fall By 30 Percent In 2008 John Thain, former CEO of Merrill Lynch and the man who engineered the sales of the storied Wall Street firm to Bank of America in September, is leaving the combined firm immediately. mark for My Articles similar articles
The Motley Fool
January 28, 2009
Tim Beyers
Stocks the Rich Executives Are Buying Sometimes insiders are buying for all the right reasons. Who's at it this week? mark for My Articles similar articles
The Motley Fool
April 30, 2009
Morgan Housel
What's Next for Ken Lewis? Bank of America CEO Ken Lewis was stripped of his chairmanship at the company's annual meeting in a close vote. mark for My Articles similar articles
The Motley Fool
October 16, 2009
Morgan Housel
Bank of America: Still Stumbling Another ugly quarter, but it could have been worse. mark for My Articles similar articles
Bank Systems & Technology
April 30, 2009
Maria Bruno-Britz
Ken Lewis Remains BofA CEO for Now The Bank of America chairman was removed from his position and, although he retains the CEO title, his days may still be numbered. mark for My Articles similar articles
Registered Rep.
January 26, 2009
John Aidan Byrne
New Head, But Same Old Mission For Merrill's Retail Bank of America has named general counsel Brian Moynihan, an executive well versed in legal and business principles, to replace John Thain. mark for My Articles similar articles
Registered Rep.
October 2, 2008
Thain Gets a Job at Bank of America Merrill Lynch CEO John Thain has accepted an offer to be president of Global Banking, Securities and Wealth Management at Bank of America. mark for My Articles similar articles
Registered Rep.
November 20, 2009
David A. Geracioti
Meet the New Boss, Literally Same as the Old Boss? Lewis to Stay at BoA? A new survey says that large shareholders and Bank of America management would prefer Ken Lewis to stay on as CEO. mark for My Articles similar articles
The Motley Fool
December 8, 2008
Alex Dumortier
Who Got the Better Deal: B of A or Merrill Shareholders? Merrill Lynch and Bank of America shareholders both approved the latter's acquisition of the former. However, the veneer of formal votes and the hearty handshakes of chief executives mask a critical question: Who got the better deal? mark for My Articles similar articles
The Motley Fool
January 28, 2009
Morgan Housel
Here Comes the Pain for Thain Just days after resigning from Bank of America, former Merrill Lynch CEO John Thain has been subpoenaed by the New York Attorney General regarding $4 billion in bonuses paid just days before merging with B of A. mark for My Articles similar articles
Registered Rep.
November 10, 2009
David A. Geracioti
Merrill Integration Ahead of Schedule, Says Lewis An article in the New York Post claims Merrill Lynch advisors are annoyed with Bank of America's (BoA) efforts to get them to offer their clients BoA checking accounts, but Ken Lewis says that's not true. mark for My Articles similar articles
The Motley Fool
December 2, 2008
Alex Dumortier
Paulson Calls a Bottom in the Mortgage Market It's worth listening to a hedge fund manager who has a clue. mark for My Articles similar articles
The Motley Fool
January 23, 2009
Morgan Housel
Shame, Shame, John Thain The "take-the-money-and run-before-it's-too-late" behavior Merrill has exhibited at Thain's lead is, to say the least, appalling. mark for My Articles similar articles
The Motley Fool
April 23, 2009
Morgan Housel
4 Reasons Banks Still Scare Me Bank investors have made buckets of money over the past month. That's great. But when fear switches to elation as quickly as it has, while banks' underlying problems are still alive and well, you have to think things are getting overcooked. mark for My Articles similar articles
Registered Rep.
April 20, 2009
John churchill
Bank of America Q1 Earnings Beat Estimates; Top Financial Advisors Staying Put Bank of America joins Wells Fargo, Citi and Goldman Sachs on the list of banks reporting better than expected earnings in the first quarter. mark for My Articles similar articles
BusinessWeek
May 20, 2009
Dean Foust
Can BofA CEO Ken Lewis Keep His Job? The pressure on Bank of America Chief Executive Officer Kenneth D. Lewis is growing by the day. Officials fear Washington wants to push the CEO out. mark for My Articles similar articles
The Motley Fool
November 6, 2008
Morgan Housel
Throwdown: Bank of America vs. JPMorgan Let's compare these two megabanks to see which is the stronger company. mark for My Articles similar articles
Registered Rep.
February 11, 2009
At the Break: Congressional CEO Smackdown Provides Some Entertaining Tantrums, Some Embarrassment, Mostly Bloviating Representatives The House Financial Services Committee staged a bit of theater today for the benefit of U.S. taxpayers. mark for My Articles similar articles
Registered Rep.
January 16, 2009
Citi's Global Wealth Mgt Unit: Retail Clients Flee; Merrill Drags Down Everybody knows that Citigroup announced yesterday it was putting itself out of its misery. The failing bank had a whopping $8.29 billion fourth-quarter loss, capping off a horrific year. mark for My Articles similar articles
Registered Rep.
September 15, 2008
Kristen French
Merrill Lynch Sells Itself To Bank of America: Update 3 The biggest question, now that BofA has agreed to buy Merrill Lynch, is what Bank of America will do to hold onto Merrill Lynch's dearest asset -- its approximately 17,000 financial advisors. mark for My Articles similar articles
The Motley Fool
January 28, 2009
Alex Dumortier
Worst Stock for 2009: Bank of America Which 10 companies should you keep out of your portfolio? Find out in our special series on the Worst Stocks for 2009. Here, take a look at why Bank of America falls into the "cheap for a reason" category. mark for My Articles similar articles
The Motley Fool
June 13, 2008
Tom Hutchinson
Bank Bloopers Banking news: Bank stocks have had another awful week. Several banks are at or near their 52-week lows. mark for My Articles similar articles
The Motley Fool
August 25, 2009
Alex Dumortier
Bernanke Is Sentenced to 4 More Years President Obama announced his nomination of "Helicopter" Ben Bernanke to a second term as chairman of the Fed. Bernanke is game -- but is he the right choice? mark for My Articles similar articles
The Motley Fool
August 7, 2009
Morgan Housel
Is Bank of America a Buy? Bank of America has surged nearly sevenfold since its March lows. After this epic run, it's worth asking: Are shares getting ahead of themselves, or are they still worth buying? mark for My Articles similar articles
The Motley Fool
September 2, 2009
Alex Dumortier
B of A Wants Uncle Sam Out -- Should You Get In? As B of A prepares a government exit, should investors take the entrance door by picking up some of the bank's common shares? mark for My Articles similar articles
Registered Rep.
February 26, 2009
John Churchill
AG Cuomo Has the Goods--What Will Come of Merrill Bonuses? Former Merrill CEO John Thain testified before the AG for the second time on Tuesday, abiding by a court order that he share the names of bonus recipients with the AG after he initially declined to do so. mark for My Articles similar articles
The Motley Fool
October 21, 2009
Sean Ryan
Banking on Bank of America Bank of America's painful present belies a fruitful future. mark for My Articles similar articles
The Motley Fool
June 22, 2010
Matt Koppenheffer
Better Buy: Bank of America or Citigroup? Want to profit from the most beaten-down big banks? Here's my pick of the two. mark for My Articles similar articles
Registered Rep.
October 5, 2009
Kristen French
Merrill Launches Branding Campaign; Recruiting Net Positive The new campaign Monday will cost the firm $20 million in the fourth quarter, the most Merrill has ever spent on marketing. mark for My Articles similar articles