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Wednesday, April 7, 2010 as of 11:14 AM ET

Stanley O'Neal

Earnest Stanley O'Neal (born October 7, 1951) is an American business executive. He is the former President, Chief Executive Officer and Chairman of the Board of Merrill Lynch & Co.

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It Was Ken Lewis Who Tried to Bully Uncle Sam

In stepping down before year end, Bank of America CEO Ken Lewis's eight-year tenure ends in controversy amidst federal investigations into the bank's takeover of Merrill Lynch & Co.

He also leaves behind a $2.3 tn balance sheet racked with problems.But although Lewis also leaves behind a strong legacy as an empire builder, engaging in merger after merger to increase the bank's massive deposit base (with more than $1 out of every $10 of the country's deposits), he also leaves behind a legacy as a banker who could play hardball, to do what he thought was right for the bank he built and loved.Because government documents and depositions reveal that it was Lewis who could crack heads to get what he wanted, it was Lewis who tried to bully the government last fall, in the end getting $20 bn in taxpayer money to buy Merrill Lynch for $17 bn, (with the rest shoring up the bank's tattered bottom line).Lewis and his team opted not to tell shareholders voting on the Merrill deal in early December...

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    White Collar Crack Down

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