IS
CEO of Bank of America (2001-present)
WHAT HE DID
Created ultimate too-big-to-fail company, buying up Fleet, MBNA, Countrywide and Merrill Lynch.
WORST MOVE
Failed to catch a $15 billion loss at Merrill before buying the firm; needed $20 billion bailout to close deal.
NOW SAYS
It’s a false “claim” to say “the banks that caused this mess must be held accountable.”
0 Comments until now.
Comment!