Ken Lewis

Kenneth Lewis, Chairman, Chief Executive Officer and President of the Bank of America Corporation, was subpoenaed by New York State's Attorney General's Office in February 2009. Attorney General Andrew Cuomo's office is reportedly investigating whether the Bank of America and Merrill Lynch violated laws by withholding information from investors.CNN: Bank of America's CEO Subpoenaed (February 20, 2009)

During the Bank of America annual shareholders meeting held in Charlotte, North Carolina on April 29, 2009, CEO Lewis and 17 other company directors were reelected to the company's board by a "comfortable margin". Shareholders who had criticized Bank of America's takeover of Merrill Lynch had sought to oust Lewis and other directors from the board. Lewis was, however, ousted from his position as chairman of the board and was replaced by Walter E. Massey.Bloomberg: Bank of America’s Lewis, Board Win Shareholder Vote (April 29, 2009)

Attorney General Andrew Cuomo's office is reportedly investigating whether the Bank of America and Merrill Lynch violated laws by withholding information from investors. Cuomo said "Merrill Lynch's decision to secretly and prematurely award approximately $3.6 billion in bonuses, and Bank of America's apparent complicity in it, raise serious and disturbing questions." CNN: Bank of America's CEO Subpoenaed (February 20, 2009)

In September 2008, Lewis made a $50 billion all-stock agreement to buy Merrill Lynch.CNN Money: Ken Lewis strikes again (September 15, 2008) The agreement was made 11 weeks after Bank of America purchased Countrywide Financial. The deal made Bank of America the largest brokerage house in the United States, in addition to being the largest issuer of automobile and home equity loans and credit cards. The New York Times: Purchase of Merrill Fulfills Quest for a Bank (September 14, 2008)