Nor will the retiring Bank of America CEO get a big bonus. U.S. Treasury “bonus czar” Kenneth Feinberg pushed Lewis into giving it back.
And why should he get any bonus?
Even with profits from the former Merrill Lynch half of the company, B of A still lost more than $2 billion, in just the just-past third quarter! At 21 cents a share of loss, that was a full five cents more than analysts had expected.
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