
Is Bank of America’s crisis a result of poor decisions?
4.5 (32)
39 mins
Explore how Bank of America’s leadership, under CEOs like Armacost and Moynihan, attempted bold transformations that included acquisitions and cost-cutting efforts. Discover how, despite their aggressive changes, the bank faced steep financial losses.
Ep 1:
How Did Amadeo Giannini Revolutionize Banking for the Average American?
Ep 2:
Why Did Bank of America Consider Canceling the Merrill Lynch Deal?
Ep 3:
How Did Merrill Lynch’s Executives Benefit from the Financial Crisis?
Ep 4:
Was Bank of America’s Decision to Sell Its Prime Brokerage Business a Mistake?
Ep 5:
Why Did Ken Lewis Replace McClelland with Gene Taylor?
Ep 6:
How Did Bank of America’s Bold Changes Lead to Its Downfall?
Ep 7:
What Role Did Chris Flowers Play in Bank of America’s Attempt to Buy Lehman?
Ep 8:
Why Did Bank of America and Citi Face Market Collapse in February 2009?
Ep 9:
How Does Bank of America Settle Payments with Other Banks Through the Fed?
Wilfred
Level 3 · 8 mo agoIt wasn't about kindness.
Edgar
Level 3 · 7 mo agoFraming a banker as a hero is pathetic. Giannini just found a new demographic to exploit for profit.
Carol
Level 2 · 8 mo agoGiannini hiding gold in a produce cart is iconic.