Precisely, I don't know that the FEDS can force banks to comply to this "hypothetical" and according to many analysts, unrealistic scenario, according to TARP rules. Question is, will BAC give a damn about shareholders at this point?
What will happen is that this time Lewis will stand up to the FED. He's pretty smart & may have leaked the FED's strong-arm tactics on purpose. Now if they say the Bank must do something & Lewis says no he will look really strong. This will be in addition to any power he gains through being voted to stay in his current positions. He's going to be able to use this power to get the FEDs to do what HE wants now, lol.