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Ken Lewis, the Master Government Negotiator
Ken Lewis, the Master Government Negotiator
Bank of America's Kenneth Lewis has made some questionable private deals, but he is a master at negotiating with the government and leveraging a weak hand to cover his missteps, The Deal Professor says.
Bank of America to take Merrill public? (Dealscape)
Bank of America to take Merrill public? (Dealscape)
thedeal.com — merrill-lynch-logo125x100.jpg Several experts think that Bank of America Corp. (NYSE:BAC) could eventually take Merrill Lynch & Co.... public. For real. In a CNBC interview Friday, Bill Smith, president, CEO and senior portfolio manager at SAM Advisors, ... (more) Bank of America to take Merrill public? (Dealscape)
WHERE ARE THE DAMN COPS (BAC)
WHERE ARE THE DAMN COPS (BAC)
market-ticker.org — This is getting very, very old folks. Bloomberg reported CNBC said (yeah, I know): May 19 (Bloomberg)... -- Bank of America today made a secondary stock offering priced at $10 a share, CNBC reported citing a person familiar with the situation.  ... (more) WHERE ARE THE DAMN COPS (BAC)
No Way Will Bank Of America Do A Merrill Lynch IPO
No Way Will Bank Of America Do A Merrill Lynch IPO
businessinsider.com — Some folks are pushing the idea that Bank of America (BAC), after doing its shotgun wedding with... Merrill Lynch could spin off the unit at some point down the road. No freaking way. Well, anything's possible, we guess. Dino Mauricio of Getzler Heinrich ... (more) No Way Will Bank Of America Do A Merrill Lynch IPO
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Further reading
FT Alphaville — Elsewhere on Friday, - Green shoots or yellow weeds? - Norway’s secret. - How low can Treasury yields go? - A closer look at Ken Lewis. - We are past the point of inflexion. - Could there be a better time to be a bank? - The known unknowns and unknown unknowns of PE valuations. - The only difference between Britain and Zimbabwe. - The neat logic of firing CEOs. - The increasingly fine line between mutual funds and hedge funds. - Whither oil prices? - A small word of advice from the late ...

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