Monday, December 29, 2008

It's Always Funny When the Wives Get Involved - BofA Edition

I'll be back to posting regularly after the holidays. For now, enjoy this juicy little tidbit about Dick Fuld getting punked by Donna Lewis (wife to BofA CEO Ken Lewis).

From Clusterstock.com

Our favorite part of The Journal's big demise of Lehman story? Right at the beginning, the part about the wife of Bank of America CEO Ken Lewis telling Dick Fuld to stop calling their house:

Desperate to avoid steering his 25,000-person company into bankruptcy proceedings, Mr. Fuld dialed the Charlotte, N.C., home of Bank of America Chairman Kenneth D. Lewis. His calls so far that weekend had gone unreturned. This time, Mr. Lewis's wife, Donna, again picked up, and told the boss of Lehman Brothers: If Mr. Lewis wanted to call back, he would call back.

Mr. Fuld paused, then apologized for bothering her. "I am so sorry," he said.

You know Ken was standing right next to her saying: "You answer it, tell him I'm not here!" And which one of them leaked this tidbit?

My comment: Is this 2008 Banker of the Year behavior? CEO not returning another 's call, then having your wife field and deliver your non-response messages? Well, maybe I spoke too soon - less a commentary on Ken and more on Donna? (see USA Today write-up on Donna Lewis's past life as a BofA executive secretary.

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