User 298901

What Does Bank of America's Decline Mean for the Global Banking System?

Ken Lewis is the most reputable CEO in the US, acquisition is his expertise.Never doubt him. BAC never did option arm and other exotic loans, thanks to the Corporate Underwriting Group, they could have saved BAC. Bac audits their employees randomly to make sure they are in compliance especially regarding ethics. Barbara Desoer is very smart she will clean up the mortage mess of countrywide. BAC invest in technology one of the reason they are successful. They can easily target the problem loans fast and effectively. BAC invested and educated their people headed by Barbara Desoer in Retail and Premier Banking. They have the most Professional and educated associates in the banking industry.They have the ability to target quality clients.