Tag Archives: Bailout

May Day, a day when labors are remembered and honored was indeed a distinctive day for people to express their disgust against the failing economy in Europe. Hundreds of thousands of workers across southern Europe protested against spending cuts at May Day rallies. Unions in Spain, Portugal, Italy, France and Greece used the traditional marches to express anger over a ... Read More »

Ken Lewis, the embattled CEO of Bank of America Corp., is leaving the company, succumbing to nearly a year of strife that followed his company’s acquisition of Merrill Lynch & Co. The bank, the nation’s largest by assets, said Wednesday that Lewis, 62, decided on his own to leave and would retire as CEO and also leave the company’s board ... Read More »