成人小说亚洲一区二区三区,亚洲国产精品一区二区三区,国产精品成人精品久久久,久久综合一区二区三区,精品无码av一区二区,国产一级a毛一级a看免费视频,欧洲uv免费在线区一二区,亚洲国产欧美中日韩成人综合视频,国产熟女一区二区三区五月婷小说,亚洲一区波多野结衣在线

立即打開
Pressure builds on BofA's Ken Lewis

Pressure builds on BofA's Ken Lewis

2009年04月24日

????Blaming Hank Paulson for being forced to keep details about the Merrill deal secret won't help the Bank of America CEO in a struggle with shareholders.

????By Colin Barr

????Questions about whether Bank of America breached its duties to shareholders come at an inconvenient time for embattled CEO Ken Lewis.

????According to documents released Thursday by a top state prosecutor, the BofA (BAC, Fortune 500) chief met repeatedly late last year with federal regulators and the bank's board to discuss the deteriorating condition of Merrill Lynch, the struggling brokerage BofA had agreed to acquire in September.

????At one point, according to an account released by New York Attorney General Andrew Cuomo, Lewis told then Treasury Secretary Henry Paulson that BofA was considering backing out of the Merrill deal -- only to relent when Paulson said regulators, fearing a financial sector collapse, might respond by removing Lewis and his directors.

????The Cuomo report certainly won't go down as a shining moment for a government that has twisted itself in knots claiming it wasn't pulling the strings at financial firms it invested in.

????But worse, to some observers, is BofA's failure to disclose any of this information to its shareholders -- regardless of Lewis's claim he was being leaned on by Paulson.

????The report could increase the pressure on Lewis as he and some members of the BofA board face re-election next week at the company's annual shareholder meeting.

????"It's hard for me to believe the Treasury and the Federal Reserve would tell Ken Lewis to violate securities laws," said Jonathan Finger, a longtime BofA investor who has been critical of Lewis' penchant for empire building at shareholder expense. "Regardless of the pressure he may have felt, Ken Lewis still had a duty to protect shareholders and disclose relevant information."

????Cuomo wrote in a letter to congressional leaders and other top federal officials Thursday that facts unearthed in his investigation raise questions about "corporate governance and disclosure practices at Bank of America."

????BofA dismisses questions about its handling of the deal.

????"We believe we acted legally and appropriately in the Merrill Lynch transaction," spokesman Scott Silvestri said.

????But some observers aren't bowled over by Lewis' claim that he was strong-armed by regulators.

????Neil Barofsky, the special inspector general of Paulson's Troubled Asset Relief Program, cautions that reports of the discussions among Lewis, Paulson and Fed chief Ben Bernanke may overstate the pressure that was applied to Lewis.

????"You need to talk to all the participants in the conversation before you can come up with a conclusion of 100% of what happened," he told CNNMoney.com Thursday.

????Paulson generally confirmed Lewis's account, the Cuomo report said.

????"Their discussions centered on the Fed lawyers' opinion that the merger contract was binding, and the U.S. Treasury's commitment to ensuring that no systemically important financial institution would be allowed to fail," Paulson's office added in a statement Thursday.

????The Federal Reserve said it did not ask Lewis to stay quiet about his concerns.

????"No one at the Federal Reserve advised Ken Lewis or Bank of America on any questions of disclosure," said Michelle Smith, a spokeswoman for the Fed. "It has long been the Federal Reserve's view that questions of this nature are best addressed by individual institutions and their legal counsel."

掃碼打開財富Plus App
精品国产AV最大网站| 思思久久婷婷精品在热线热| 美女粉嫩极品国产在线2020| 国产成人免费视频精品一区二区| 精产国品一二三产品区别在线| 国产精品免费av片在线观看| 2024国内精品久久久久精品k8| 国产大片内射1区2区| 日韩午夜福利网址视频| 99久久精品国产综合一区| 免费无码国产V片在线观看| 成全在线观看视频在线播放| 永久免费老妇女性较大毛片在线| 大香蕉操逼色网视频| 国产女人在线视频| 色诱久久久久综合网ywww| 国产h肉在线视频免费观看| 99国产精品久久久久久久成人热| 亚洲中字幕日产AV片在线| 国产乱妇无码大片在线观看| a毛片视频国产精品第1页| 成人性生交大片免费看京东小视频| 欧美XXXXX极品少妇 | 欧美综合区自拍亚洲综合| 欧美一区二区日韩一区二区| 波多野结衣亚洲AV无码无在线观看| 午夜福利无码国产精品中文字幕| a一级特黄日本大片s色| 1000部啪啪未满十八勿入| 少妇无码自慰毛片久久久久| 久久精品国产福利一区二区| 久久精品呦女一本久久综合公司| 亚洲综合AV在线在线播放| 午夜理论片免费播放| 无码播放一区二区三区| 国产在线视频一区二区三区| 国产午夜成人久久无码一区二区| 91午夜精品亚洲一区二区三区| 曰欧一片内射VΑ在线影院| 亚洲乱妇熟女爽到高潮的片| 亚洲线精品一区二区三区影音先锋|