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Ken Doth Protest Too Much... Again
In an interview on Bloomberg TV, Lewis claims the bank will make over $100 billion in revenue in 2009. Ken Lewis And Obama Should Run Telethons. BofA's grand inquisitor has had about 30 media appearances over the past week in which he has repeatedly claimed that nothing is f@*#&d here. Kinda like the president.
***Update from Interview****
1. Will sell "non-strategic assets" from Merrill acquisition (maybe should not have bought them in first place)
2. "Feels good" Bank of Countrywide Lynch will pass stress test (the market feels bad)
3. May sell more of China Construction Bank over time (assuming someone will buy...see AIG)
4. Looks forward to telling his side of story to Cuomo (so do we)
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