Search This Blog

Tuesday, January 6, 2009

I Knew I Liked This Guy ...

Although the board still has to approve recommendation by Ken Lewis at Bank of America (BAC); it was recently reported at the Wall Street Journal Online as recommending:

"... he and his top lieutenants receive no bonuses for 2008, saying he expects the bank's final results to be below expectations, according to an internal memo issued today."

I mean, let's face it. It's sort of a gimme. It's sort of common sense.

Strange though, that not all CEO's in the current environment are taking this common sense approach ...

Note: I hold an investment position with Bank of America (BAC)

Search Investing and Trading Articles and Products