Reports are merging online that Reince Priebus has been elected as the new RNC Chairman. According to multiple media reports, the Republican National Committee now has a new chairman with Priebus eventually getting the nod after Steele bowed out of the running. It took seven rounds of voting for Priebus, the party’s leader in Wisconsin, to get the nod, the ... Read More »
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Bank of America CEO Ken Lewis to step down by end of 2009
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 »