Friday, April 24, 2009

we've got our eye on you, BoA

Bank of America execs’ Porsche sale draws criticism

Fresh from paying $21 billion in cash for LaSalle Bank in Chicago, Lewis and Price turned their sights to another prized property: a 2007 Porsche 911 turbo coupe Lewis had bought a year earlier. Registration records filed with the North Carolina Division of Motor Vehicles show that Price, Lewis’ right-hand man and his fourth CFO since 2004, took ownership of the $100,000-plus car from Lewis in mid-November 2007.

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