That’s funny Mr. Lewis because now we are finding out that you have one foot out the door as you have plans of stepping down just over a month after this statement.  I find absolutely NO IRONY in the fact that you made these statements and the stock price has shot up over 189% since.  Let me guess, we will see a SEC filing for the liquidation of over half your stock holdings during the month of April?

Ken Lewis, you are a worthless, greedy asshole.  You pumped up Bank of America stock to make money on your recent purchases and now you are stepping down.  I hope that every single penny you made goes to the destruction of your normal life.  You have lied to America and your shareholders repeatedly.  That smirk on your face like the one in the picture above is something I have seen way too many times.  You know what Mr. Lewis, it all comes full circle and payback is a BITCH!

I guess it is a good thing that you are stepping down because you have made mistake after mistake with this company.  Maybe we can get an honest banker in their to turn things around.  Well, that definitely won’t happen because all the honest bankers are unemployed because they have morals.

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On February 13th, 2009, Bank of America started its year end compensation bonus package.  In one day, the struggling bank paid out $700 million and is expected to pay an additional $900 million in cash and stocks in the near future.  Where is this money coming from?  Is this the same company that is going to receive over $20 billion in government aid?  How can you possibly continue to pay bonuses when you asked THE AMERICAN PUBLIC to bail you out?!?

The irony of it all is that two days after paying out $700 million, Ken Lewis and his team decided to accept a tender offer.  The best part about this offer is that shareholders received a letter that the Bank of America stock is part of a mandatory reorganization or tender offer with no explanation.  Could you please elaborate Mr. Lewis?  Wait, what am I thinking?  You are the same “leader” that allowed John Thain, former Merrill Lynch CEO, to pay out $4 billion in bonuses a week prior to closing a deal to be purchased by Bank of America.  I guess you are just following in his footsteps?  You are ONLY at $1.7 billion Mr. Lewis, I am sure you can use our tax dollars to continue to pay out bonuses that were not earned.  Just in case you didn’t look at your operating statement, here are the facts:

YOUR company went from making $31.9 billion in 2006 to making $4.4 billion in 2008, great growth achieved Mr. Lewis!  Yes, that is correct, your buddy John Thain spent ALL of your earnings for his employees bonuses.  So this question is, where is the money coming from for the bonuses of YOUR employees.  My calculations show that you have $400,000 left, NOT $1.7 billion!

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