Granted he’s been a legendary deal maker for Bank of America for years. But his past 2 yrs peformance is a clear sign of mis-judgement fueled by ego and greed. He needs to go… What do you think?
I’d give him a chance to right the ship.
Anyone who was willing to pay a premium for Merrill Lynch should be fired. How much did BoA pay for MER? Wasn’t it like a 70% premium to market, 30% premium to book, or something? Then again, that’s not so much greed as incompetence, but still.