Bank of America (BAC) CEO Ken Lewis overreached by rescuing two money-losing firms (MER and CFC)...

|About: Bank of America Corpora... (BAC)|By:, SA News Editor

Bank of America (BAC) CEO Ken Lewis overreached by rescuing two money-losing firms (MER and CFC) in six months, FBR analyst Paul Miller says. "This thing is unraveling so fast that he may know his job is lost." BofA spokesman Robert Stickler said the firm doesn’t comment on "uninformed gossip."