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Non-Public Companies : Financials


Bank of America CEO Kenneth Lewis to Address Mortgage Markets

Jun 25, 2008 - 2:36:01 PM

News Source MARKET WIRE

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LOS ANGELES, CA -- (MARKET WIRE) -- 06/25/08 -- Kenneth D. Lewis, Chief Executive Officer,Chairman and President of Bank of America, will deliver his address"Mending Our Mortgage Markets" at TOWN HALL Los Angeles on Wednesday, July 9,at the Omni Los Angeles Hotel.

On the current housing crisis, Lewis states, "Excesses in financial marketsare not new. But when an economic bubble bursts that is based on the oneasset that represents much of a family's life savings -- in short, theirhome -- the fallout for families and neighborhoods can be devastating."

Lewis was appointed Chief Executive Officer in 2001. He joined NorthCarolina National Bank (NCNB, predecessor to NationsBank and Bank ofAmerica) in 1969 as a credit analyst. He led the bank's operations inFlorida and Texas in the 1980s and served as President of Consumer andCommercial Banking and Chief Operating Officer in the 1990s.

Bank of America serves more than 59 million consumers and business clientsthrough more than 6,100 retail banking offices, 19,000 ATMs and an onlinebanking and bill-pay service with more than 24 million active users.

Throughout its history, TOWN HALL has hosted speakers on the topics offinance and the economy. This year, TOWN HALL welcomed California StateTreasurer Bill Lockyer and CEOs Anne Mulcahy of Xerox and Scott Davis,UPS. This marks Lewis' third appearance at TOWN HALL Los Angeles. His lastaddress was "Beyond the Bottom Line: Business on theCutting Edge," and took place last June.

TOWN HALL Los Angeles is a nonprofit, nonpartisan membership organizationcomprised of leaders and engaged citizens dedicated to examining importantissues facing our society. TOWN HALL's events, on-air programs, and writtencommunications bring leaders and visionaries together to discuss andinteract with our community while educating, generating solutions, andpositively affecting our region for generations. To become a part of thistradition, join TOWNHALL.

All accredited members of the media are invited to cover this event.

**Please credit TOWN HALL Los Angeles in your coverage.

When:     Wednesday, July 9, 2008          Noon luncheon program with Q&AWhere:    Omni Los Angeles Hotel          251 South Olive Street          Los Angeles, CA 90071

Note to reporters and editors: The organization uses the full name TOWNHALL Los Angeles. Please do not make it generic as in a 'town hall.'

For more information, visit www.townhall-la.org, Cost: $45 - $60.

Contact:
Deborah Weinberg
Director, Media Relations
213.312.9307
Email Contact



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