Former BofA CEO To Pay $10 Million, Is Barred From Being An Exec For 3 Years

Well at least one of the problem children has been held accountable for their financial disaster. It couldn’t happen to a better guy. Problem is he is part of a larger gang of financial white collar asshats. It’s a start at least.

Consumerist

Anyone looking to hire this guy? We hear he comes cheap. Anyone looking to hire this guy? We hear he comes cheap. It’s been a long time since we’ve heard from former Bank of America CEO Ken Lewis, the acquisition-happy buffoon who thought it would be a grand idea to buy Countrywide without doing any due diligence on all those worthless loans written by the failing company. And it will be another few years before he’s allowed to climb back to the top of the corporate ladder, as he’s agreed to a 3-year ban from serving as an officer or director of any public company.

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bzerob

I am an aging American Navy veteran with some very pointed and acidic opinions. Feel free to heed the warning and read on.

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