Market Currents
Thursday, October 15, 2009
5:18 PM
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Ken Lewis, outgoing BofA (BAC) CEO, will receive no salary or bonus for 2009 - and will have to repay more than $1M already earned - due to demands by pay czar Kenneth Feinberg. Lewis will keep a retirement package worth between $69.3M and $120M, though.
This news story has 2 comments:
off scot free...what a joke.....
They really stuck it to the man this time.
Suck on that, Mr. Lewis.