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Will Bank of America oust Ken Lewis and remove the entire Board of Directors?
What is your prediction?
Do shareholders have the clout to remove the CEO and board of the largest bank in America?
Do shareholders have the clout to remove the CEO and board of the largest bank in America?
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| April 29, 2009 11:27 PM |
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• Shareholders remember the money they lost from the Merril Lynch merger and bonuses. Your predicting that the number of upset shareholder will not be enough to out Lewis and the upset the board.
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BofA stripped CEO Lewis of his Chairman job but kept him as president and CEO. Walter Massey replaces Lewis as Chairman. Lewis survives and the board does not get ousted.