According to an interview Bank of America’s (BAC) CEO Ken Lewis gave Thursday morning on CNBC, the economy is getting “close to the bottom.” “I think we’re at a point where you’re seeing mixed signals, housing sales a little better than you think, or car sales not being as bad as you think,” Lewis said. “And when you see the mixed signals, I think it signals that you’re getting close to the bottom.”
Lewis also said the $45 billion TARP money BofA received from the government “was my mistake.” “We took more than we needed, in an abundance of caution, and I regret having taken that much.”
To view Lewis CNBC video, click here.
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