Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES
Funny Business Video Gallery
President-elect Obama is meeting with a number of state governors today - many of them facing massive budget shorfalls, ...
The Golden state could be out of cash by February, reports CNBC's Jane Wells
See All PostsFunny Business with Jane Wells
Text Size
Jul.09
5:14 PM ET
Wednesday, 9 Jul 2008
Bofa CEO Lewis Says He Sees No Need To Cut Dividend--Now

Here are three clips from Bank of America CEO Ken Lewis' speech today on mortgages.

Most importantly he sees no need to cut the dividend or raise capital, but "it is hard to be completely unequivocal about anything."

In clip number two, Lewis discusses the shadow bank and BAC's dividend.

The third clip shows him taking questions--but not from reporters. Lewis ducked out the back door and left faster than you can say "subprime."

Questions? Comments? Funny Stories? Email

© 2008 CNBC, Inc. All Rights Reserved

Permalink: /id/25610472

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC MOBILE  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes

Global Business and Financial News, Stock Quotes, and Market Data and Analysis