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Bank of America’s Lewis Sold CFO His Porsche

IRS problem for CFO? We will see.

247WallSt.:

Bank of America’s CEO Ken Lewis sold his CFO Joe Price a Porsche in 2007. According to SmarTrend, “While the details of the sale remain private, the transfer itself raises serious doubts regarding ethics of the relationship between Lewis and Price.”

Maybe it does raise ethical, governance, and tax issues. But, maybe it doesn’t.

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Post a comment — Trackback URI RSS 2.0 feed for these comments This entry (permalink) was posted on Sunday, April 26, 2009, at 7:28 pm by admin. Filed in Stock Market Analysis and tagged , , , .

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