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Today's Outrage: Bank of America's Lewis Is Safe

By Implode-Explode Heavy Industries

``You don't hear much about plans. Word from Bank of America is that everything is going fine. They nailed the first-quarter numbers, right? Hey, $4.2 billion profit is something in this environment. No need to talk about the big fourth-quarter loss for BofA and the even bigger one over at Merrill -- that was before the merger. Merrill is working out wonderfully now, adding $3 billion to first-quarter profit. ''

Full post as published by Mortgage Lender Implode-o-Meter on April 29, 2009 (boomark / email).