Word: soon
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...could miss the huge legal dustup swirling around him over the bank's deal late last year to buy Merrill Lynch. The Securities and Exchange Commission (SEC) and New York attorney general Andrew Cuomo have been investigating whether Lewis misled shareholders to gain approval of that acquisition. He could soon face charges in those probes. (See the top 10 crooked CEOs...
...sergeant and a nurse, Lewis grew up in Columbus, Ga. He joined the firm that would become Bank of America right after graduating from George State College in 1969. Early on, Lewis' cool demeanor and keen credit judgment caught the eye of the bank's chief executive, Hugh McColl. Soon Lewis became the wingman to McColl's swashbuckling merger ways. McColl would do the deals, and Lewis would parachute in to do the cost-cutting and integration. Along the way, the two built Bank of America to become the country's largest bank in terms of deposits...
...told Congress he intended to stay on as head of Bank of America until all the assistance it had gotten from the government to survive the financial crisis had been repaid. It seems unlikely that Bank of America will be able to pay back the government $45 billion anytime soon...
...work Tuesday when she learned, in a text message from her mother, that a devastating tsunami had just slammed into American Samoa. The neighboring island of Samoa—where Leonard had forged many close friendships while studying abroad last fall—was hit soon after...
...background is in order. When the term “health care” was first birthed in the early 20th century, no one could deny that it was two words: literally, care with respect to health. As the phrase spread, however, its two components became more intimately linked; soon, the two-word unit became one word unit—complete with its own entry in the dictionary...