Brave analyst... defends Bank of America CEO

Bank of America (BAC) Bank of America (NYSE: BAC ) CEO Ken Lewis now in very bad days,, and now he has very few supporters right now, with the inexplicable exception of the board of directors at his own company. But don’t worry, Ken: Analyst Richard X. Bove of Rochdale Securities is leaping to your defense.

“The politicians and the press are trying to get Ken Lewis fired for adding value to shareholders’ investment,” Mr. Bove wrote in an e-mail message to his clients. “In this new world where success should be punished this may be a new low point.” Continue reading Brave analyst defends Bank of America CEO Brave analyst defends Bank of America CEO originally appeared on BloggingStocks on Sun, 09 Aug 2009 10:10:00 EST.