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Today's Outrage: How Nice of BofA to Forego Bonuses

Stock quotes in this article: BAC , C , GS  

It's heartwarming to read that Bank of America (BAC Quote) CEO Ken Lewis is recommending that he and his executive team forego bonuses for 2008.

Apparently, Lewis believes that because BofA's earnings will be below expectations for 2008, that maybe they didn't earn their bonuses. What an epiphany!

It seem to require quite the deliberation, even after Citigroup(C Quote) and Goldman Sachs(GS Quote) already did the same. ...

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