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Saturday, November 14, 2009
3:41 PM TweetThis
  • PNC Financial Services' (PNC) senior vice chairman William Demchak rejected a 'feeler' from a Bank of America (BAC) CEO recruiter last week, voicing concerns the bank would be "blasted" for buying out his stake in PNC. Demchak also thinks BofA's situation is unfixable, given the government's heavy influence.
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This news story has 1 comment:

  •  
    Ken Lewis is a great banker and the government had no business getting him moved out of B of A, especially after he did their bidding in saving Merrill Lynch.
    Nov 14 06:40 PM | Link | Reply
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