SOUTHPAW: BofA starts fightback, targets JPM’s top spot

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SOUTHPAW: BofA starts fightback, targets JPM’s top spot

John Thain may have made enemies during his short tenure at the top of Merrill Lynch — but not among the firm’s investment bankers. Managing directors at the bank’s European headquarters in London expressed anger this week at Thain’s ousting, and were united in their belief that Ken Lewis knifed Thain in order to save his own credibility.

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