The moral of the story

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This week, Bank of America CEO Kenneth Lewis announced he would step down at the end of the year.

Ity was merely coincidence that Lewis and Bank of America are being investigated for various things regarding its acquisition of Merrill Lynch. The bank had to be bailed out to the tune of $45 billion.

Lewis will walk away from Bank of American with $125 million.

The lesson, as always, is if you're going to steal, steal big.

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This page contains a single entry by Mike Argento published on October 2, 2009 11:05 AM.

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