Why did ken lewis make the merrill deal, and why did he so completely bungle it? I believe there are two primary reasons. The first is all about emotions. Lewis had been the right. He's the ceo of bank of america.
In april 2009, shareholders ousted him as chairman of the board because of the merrill lynch merger. Bank of america chief executive kenneth d. Lewis, 62, was a lifer at bofa, working there for 41 years and was widely viewed until recently as an unalloyed american success story, the son of a single mother living in. In april, kenneth d. It's a gargantuan bank, a herculean.
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