You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

Bank of America CEO to Receive $125 Million Retirement Package

HeadlineOct 02, 2009

Outgoing Bank of America CEO Ken Lewis is reportedly set to receive a retirement package worth $125 million. Lewis’s severance package includes $53 million in retirement benefits and $73 million in accumulated stock and other compensation. Under Lewis’s leadership, Bank of America received a $45 billion taxpayer bailout.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top