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Wednesday, September 30, 2009

CNBC.com News Now: Ken Lewis to Step Down

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Wednesday, Sep. 30, 2009
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DOW 9712.28 -29.92 -0.31%  
NASDAQ 2122.42 -1.62 -0.08%  
S&P 1057.08 -3.53 -0.33%  
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WHAT YOU SHOULD KNOW
Stocks Falter but Log Best Quarter in 11 Years
Stocks logged their best quarter in 11 years, helped by the weak dollar, despite today's soft landing...
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GM to Shut Down Saturn After Penske Walks Away
General Motors said it's shutting down the Saturn brand after an agreement with Penske Automotive Group to acquire the unit fell apart...
»read more

BofA's Ken Lewis to Step Down By the End of This Year
Bank of America CEO Ken Lewis told the board he plans to step down by the end of the year. Lewis wasn't asked to step down and the decision was not the result of any regulatory action, sources told CNBC. No successor has been named yet...
»read more

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TODAY'S TOP 5 VIDEOS
1. Dodd: Wall Street's New Rules  
A new set of rules is coming for Wall Street, with Sen. Chris Dodd, D-CT and CNBC's John Harwood & Erin Burnett.

2. CIT Exchange Offer  
CIT will launch exchange offer over 20 business days for various notes, with CNBC's David Faber.

3. $5 Billion for New Health Care Jobs  
President Barack Obama announces his plan to spend $5 billion to create new health care jobs.

4. Toyota's Largest U.S. Recall 
Toyota issues largest safety recall ever over accelerator risk, with CNBC's Phil LeBeau

5. Ken Lewis to Step Down 
CNBC's Charlie Gasparino reports that Bank of America CEO Ken Lewis will be stepping down at the end of the year

 

 
  TODAY'S TOP BLOG
  blogger
Street-Cart Economy: Banker Savors Life as Food Vendor
New York's street-cart vendors aren't just low-income immigrants any more. Some of them are former investment bankers and lawyers. Welcome to the new economy.

»See All CNBC.com Blogs


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