Seeking Alpha
Thursday, December 31 2009  |  09:16 EDT  | 
DJIA (DIA) S&P 500 (SPY)

Market Currents

Thursday, October 15, 2009
5:18 PM TweetThis
  • 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:

  •  
    Let's see Ken Lewis gets penalized and Angelo Mozilo has gotten
    off scot free...what a joke.....
    Oct 15 08:10 PM | Link | Reply
  •  
    69 million retirement package....

    They really stuck it to the man this time.

    Suck on that, Mr. Lewis.
    Oct 15 09:06 PM | Link | Reply
Follow Market Currents on
Latest StockTalks
  • DFraser: For the 4th... Getting ready for a sharp uptrend then all down baby!
    25 minutes ago
  • DFraser: GS and BAC LONGS!
    36 minutes ago
  • DFraser: Expect market downturn after today!
    36 minutes ago
  • ACEMAN: VLOUF.PK, French global market in seamless tubes in oil/gas, petrochem, autos, cyclotrons, aerospace hit bottom to revert to mean in 2010.
    about 1 hour ago
More StockTalks »

From our sponsors: