Bank of America’s Healthier Roots

Bank of America’s Healthier Roots

The father of Bank of America wouldn’t recognize it today. The “built-to-last” institution he founded has turned into a “built-to-loot” operation obsessed with short-term gains. Amadeo P. Giannini built Bank of America into the first...

Toxic CEO Pay Story

As a critic of runaway CEO pay, I have a lot of scars from debates I’ve done on cable TV business shows. But my most memorable pummeling was in August 2007, when I nearly got my head bitten off for criticizing Countrywide Financial CEO Angelo Mozilo on the CNBC...