
Yesterday, the news was all bad for Bank of America's Ken Lewis. BofA is in executive compensation CYA and cash preservation mode.
Bank of America reduces holdings in Chinese bank (International Herald Tribune)
No bonus for Bank of America Chief (International Herald Tribune)
BofA begins layoffs (NY Post)
I'd thought of linking to Powter's Bad Day, but have opted for Annie's Tomorrow. Hang in there, Ken: The sun will come out tomorrow.

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