Cohan Says BofA Needs `New Blood' to Assume CEO Post: Video

Dec. 3 (Bloomberg) -- William Cohan, author of "House of Cards" and a Bloomberg Television contri...  More »

Dec. 3 (Bloomberg) -- William Cohan, author of "House of Cards" and a Bloomberg Television contributing editor, talks with Bloomberg's Deirdre Bolton and Jon Erlichman about Bank of America Corp.'s plan to repay its $45 billion of U.S. government bailout funds. The nation's biggest lender will repay the Troubled Asset Relief Program using $26.2 billion of "excess liquidity" and $18.8 billion from the sale of securities, according to a statement. (This report is an excerpt. Source: Bloomberg)  « Less