Wednesday, April 29, 2009

Oh My God! They Killed Kenny!

So Ken Lewis remains the CEO, but is out as Bank Of America Chairman. Will BAC dip a bit? Perhaps. I'm anticipating that the stock rebounds and creeps up, as this is a decision that the shareholders made to benefit their (er, our) position. Keep 'em crossed!

1 comment:

Patrick Flynn said...

We'll see - shouldn't have much of a negative effect at least, I think it was a 51% margin that voted to have him ousted.

I like Ken's quote saying something like "listen if any of us on the board were forced to leave, trust me - we'd be okay.." dick.

Also - wtf is up with Domahogs lately??? It's up nearly to $10/share! Chevers have you been ordering the 5/5/5 deal every day?? Lord knows I have.