Countrywide is a primary crisis, charging the financial institution more $50 mil in the regulatory agreements Lewis as well as encountered says you to definitely BofA deceived people more mounting losings and you can executive incentives on Merrill before bargain finalized. Lewis rapidly went off as being the light knight of your monetary drama so you can to-be one of its punching handbags. He had been ousted as the Lender of America’s chairman in the their 2009 annual fulfilling; a hurried senior years took place...

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