Transcript: Bank Of America CEO Ken Lewis To Retire

RENEE MONTAGNE
NPR Morning Edition
10-01-2009
Bank Of America CEO Ken Lewis To Retire

Host: RENEE MONTAGNE
Time 11:00-12:00 PM


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RENEE MONTAGNE, host:

And Bank of America said yesterday that its chief executive, Ken Lewis, will step down at the end of the year. Lewis is one of the most powerful and influential figures in banking, but he has spent the past year battling to keep his job, under fire for his bank's controversial acquisition of Merrill Lynch.

NPR's Jim Zarroli reports.

JIM ZARROLI: A year ago, Ken Lewis looked like he'd be one of the survivors of the financial meltdown. Under his leadership, Bank of America had been through a series of successful mergers and ...

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