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Partial coup at Bank of America

May 1, 2009 - By Phil MatteraBank of America seems to be in a state of denial about the partial coup d'etat that was just carried out by the company's shareholders, who took the remarkable step of ousting Ken Lewis from the chairman's job.  BofA put out a press release with the vague title "Bank of America Announces Results from Annual Meeting" that never mentions the demotion of Lewis, who was kept on as chief executive. It simply announces that non-executive director Dr Walter E.