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8-Alpha-Zulu » Comments » XLF

  • Ken Lewis and BAC's Shareholders Got Hosed by the Feds [View article]
    Fiduciary is fiduciary is fiduciary and Lewis should have disclosed all risks and potentially detrimental matters to those that entrusted him with the "duty" to do so. The heavy handed government pressure to do the wrong thing should have been exposed and in a very detailed fashion and disclosed along with his messages to the stakeholders; all. Bernanke and Co., are pawns anyway; no intestinal fortitude. The combination of those folks in a room under phenomenal duress making world reaching strategic decisions absolutely nauseates me. We BAC stakeholders were duped and so was America.... shameful

    -8Alpha-Zulu, holding at one-niner thousand waiting for vector,
    Jun 26 11:22 am |Rating: +2 -1 |Link to Comment
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