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We Have Words to Describe Ken Lewis
One of them is ungrateful. Hypocrite is another.
Bank of America(BAC Quote) CEO Ken Lewis slammed a potential auto-industry bailout this Tuesday. The banking bigwig made his remarks just as auto executives from GM (GM Quote), Ford(F Quote) and Chrysler were on Capitol Hill begging for a $25 billion emergency bridge loan to avert a collapse of one or more of their companies.
"I think there's one too many" automakers, Lewis said to the Detroit Economic Club during a meeting in Cobo Center, the downtown convention center that's home to the North American International Auto Show each January. ...
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