Mar 27th, 2009 · Bank of America CEO Kenneth Lewis has said he wants to begin repaying in April the roughly $45 billion the company received from the federal bailout. Saskia Scholtes, who covers U.S. financial services for the Financial Times, discusses the banks that are seeking to repay the bailout funds.
Keywords: federal · financial · company · money · services · bailout · Saskia Scholtes · emFinancial · America CEO Kenneth Lewis
Mar 2nd, 2009 · Bank of America CEO Kenneth Lewis admitted to the Financial Times Monday that asking $20 billion from the government to help absorb losses at Merrill Lynch was a "tactical mistake." Lewis said $10 billion would have sufficed and that asking for the larger sum undermined confidence in the bank. Saskia Scholtes of the Financial Times talks about Lewis' comments.
Keywords: Lewis · America · CEO · suffice · Merrill Lynch · tactic · Saskia Scholtes · emFinancial · America CEO Kenneth Lewis
