Resignation: Bank of America CEO Ken Lewis

This blog called for the resignation of Bank of America CEO Ken Lewis back in May 2009. As such, we are glad to learn that he will be stepping down from the company in December, becoming "one of the most prominent financial executives to lose his job because of the financial crisis."

Analysts say that Lewis had become a "distraction" since the bank's takeover of Merrill Lynch and Countrywide Financial Corp., and he leaves "amid intensifying state and federal investigations."

Goodbye and good riddance. I would like to see others take responsibility and pay a price for their negligence that led to the current economic crisis that our nation is still reeling from today.

Fire Bank of America CEO Ken Lewis

I have always been a little suspect of Bank of America since they were outed as a major supporter of apartheid in South Africa. Bank of America disappointed me in other organizations with their unwillingness to be a consistent supporter of career advancement for African Americans in the technology industry. As such, it doesn't surprise me to learn that the corporate culture is influenced by the arrogance of its leader, CEO Ken Lewis.

The following video, narrated by former Labor Secretary Robert Reich, gives compelling reasons for CEO Ken Lewis to be fired.



CEO Ken Lewis works for us now. Tens of billions of our taxpayer dollars went toward bailing out Bank of America, but what have we received in return? More predatory lending, billions wasted on exorbitant salaries and executive bonuses, and corporate lobbying against Employee Free Choice. Methinks it is time for Ken Lewis to be gone.

What say u?