BofA's Moynihan remains optimistic despite challenges

12/13/2010 | New York Times (tiered subscription model), The

As CEO at Bank of America, Brian Moynihan is dealing with a wave of customers who are delinquent on their mortgages, an investigation into the industry's foreclosure processes and a drop in share prices due to speculation that WikiLeaks might have some damaging information about the bank. Moynihan is taking each situation in stride. "It's been a great year and we've learned a lot," he said in a recent interview. "There's not a better job in the world." Moynihan's optimistic outlook has helped him to stabilize Bank of America during a time of unprecedented turmoil, but significant challenges remain.

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