April 29, 2009
“Bank of America said late Wednesday that its shareholders have voted to make the role of chairman at the bank independent, a rebuke to embattled Chief Executive Kenneth Lewis.” Lewis will stay on as CEO, and all 18 directors were re-elected. Scorekeepers: BAC’s stock has lost 75% of its value since the last annual meeting.
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April 29, 2009
Reflection of debate, not really analysis: Nielsen Online survey of online “buzz” after the first 100 days show that President Obama’s tenure so far has been marked primarily by debates over the economy and stimulus package. Words like “crisis,” “trillion,” “banks,” “tax,” “socialist,” and “blame” have all emerged as defining terms, while “change” is diminished.
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