Ken Lewis
Ken Lewis
available balance funding grant nice whatever
We're going to go after whatever grant funding is available. We think this is a nice balance in allocating the available resources.
achievement allowed asset banking business commercial consumer corporate costs credit earnings equity global higher increased investment last lines lower major management operating overcome percent plus three total
Our three major business lines -- consumer and commercial banking, asset management and global corporate and investment banking -- in total increased their revenues by 8 percent last year, ... Their achievement allowed us to overcome significantly higher credit costs plus much lower equity market-related revenues and still increase operating earnings for the year.
bankruptcy benefit card change changes credit expect forward impact issue laws level performance practices quarter recent recur reduced results trading weak
The impact of the change in bankruptcy laws and changes in our practices for overdraft charge-offs and over-limit credit card fees reduced pretax results by about $320 million. In addition, we had a weak trading quarter that was well under our performance in recent quarters. The bankruptcy issue will not recur and should actually benefit us going forward as we expect a reduced level of bankruptcy filings under the new law.
charged county fair gives taxes
This is a fair settlement, and it gives back to ratepayers Multnomah County taxes they were charged by PGE under Enron.
community facility general generate hall hoped income indoor local mean open opening remain school sports
Having a new indoor sports facility will mean we can open up part of the school to the local community. It is hoped that by opening up the new sports hall to the general public, the school will generate enough income to remain self-financing.
passed school wish
I wish we had passed the school bonds.
added parents
The parents and I added it up about 15 times.
banking benefits businesses consumer continued execution good investment momentum performance quarter rebound strong trading wealth
We have strong momentum in all our businesses as the benefits from continued execution in our consumer businesses were accompanied this quarter by a rebound in trading and good performance in investment banking and wealth management.
actions regret slavery supported taken
We regret any actions our predecessors may have taken that supported or tolerated the institution of slavery in America,