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November 4, 2009, Featured Articles

An Income Feather in BoA’s Hat

By Kerry Pechter   Wed, Nov 04, 2009

Bank of America’s new service, My Retirement Income, is a revival of a program created at Merrill Lynch in 2006.

When Bank of America acquired Merrill Lynch in the fever of the financial crisis, BoA CEO Ken Lewis was like the proverbial dog that finally caught the car it was chasing. Lewis got the wirehouse he yenned for, but lost his job in the aftermath.


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