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Bank of America Paying Bailout
Posted On 10/01/2009 15:37:32 by SacramentoGrapevine
Ken lewis the Bank of America CEO will be leaving his position at the end of the year after.
Ken lewis was the CEO for 8 years.  
On January 1,  2001 the stock price was trading at $18.61,  today on October 1, 2009 the the stock price was trading at $16.21,  $2.40 cents lower than 8 years ago.
So with a stock price decrease of $2.40 per share and 20 Billion dollars in Taxpayer funded bailout money taken Ken lewis will leave his job with an... Read More
























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