Word: lewises
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• Anger over the Merrill Lynch takeover led shareholders to strip Lewis' chairman title in April 2009.
Fast Facts: • Born April 9, 1947, in Meridian, Miss. His family lived 50 miles away in Walnut Grove, but the small town lacked a hospital. Grew up in Columbus, Ga. (Read "The Rise and Sudden Fall of Bank of America's Ken Lewis.")
• The Securities and Exchange Commission and New York's attorney general are investigating whether Lewis misled Bank of America shareholders before the Merrill Lynch acquisition. Merrill has paid out billions in bonuses to its staff that were allegedly not fully disclosed.
Quotes About: "Wherever I sent him, he always made money." - Former Bank of America head Hugh McColl, who dispatched Lewis, once his deputy, across the country to oversee bank acquisitions. (CNN.com, Oct. 1, 2009)
"It is extraordinary that Lewis has remained this long under these circumstances." - Stephen Lerner, an official at the Service Employees International Union, on Lewis maintaining his CEO position after being stripped of his chairman's role. (TIME.com, Aug. 4, 2009)