BofA Shareholder Finger on BofA Earnings and Lewis

Tags:: Bank America Fingers Interests Number One Jonathan Ken Lewis Nyse:bac Earnings

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By: Thedealvideo
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Updated: 14-Dec-09
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Added: 17-Apr-09

Finger Interests Number One Ltd. is one of a handful of Bank of America (NYSE:BAC) shareholder groups that have filed suit over the acquisition of Merrill Lynch & Co. In part two of edition of this Inside the Deal interview, partner Jonathan Finger says the BofA board, led by chief executive Ken Lewis, has destroyed shareholder value over the past five years. As a result, he's urging fellow shareholders to oust Lewis and two other directors at the Bank's April 29 annual meeting. He also says BofA withheld information about Merrill Lynch losses prior to the shareholder vote on the deal in December. (For BofA's response to those charges, see the statement below.) See the video below or download it at iTunes.