Bank of America's Acquisitions: What Was Ken Lewis Thinking? [View article]
What was Ken Lewis thinking? My personal opinion is that these acquisitions are being done as a defensive measure. Making your bank bigger increases your chances of becoming "too big to fail." The acquistions (obviously) aren't to improve the balance sheet; they are desperate acts of self-preservation.
Bank of America's Acquisitions: What Was Ken Lewis Thinking? [View article]
Love your blog, btw. Great work.