Tuesday, October 11, 2011

B of A Pays $6 Million Severance For 2 Years Work

'Sallie Krawcheck was hired by Ken Lewis at BofA in August of 2009 after a career at Citigroup where she was CFO when fired by Vikram Pandit in 2008, with no severance.

After just 24 months at Bank of America she was fired last month by Brian Moynihan, and it was announced yesterday that she is set to receive $6 million in severance.

Keep this in mind when BofA supplicates before Geithner for its next taxpayer bailout.'

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