In an extended on-air interview this morning on CNBC, Bank of America's Ken Lewis said that B of A is in a position to pay back a large portion of the TARP funds provided by the government and the taxpayers. Lewis went on to offer cautious, yet optimistic views on the state of the economic recovery while reminding listeners that painful job losses will be a lagging indicator of recovery.
For video of the interview with Ken Lewis, as well as written synopsis, the CNBC link is here.
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