Bank of America's Lewis to Give Investment Banking Another Chance.

Everytime I think that this black comedy we are living can't get any funnier...it does!  Here is a story from Bloomberg News:

June 11 (Bloomberg) -- Bank of America Corp. Chief Executive Officer Kenneth Lewis, who vowed to scale back the company's investment bank last year after profit evaporated, affirmed his commitment to the unit and said this quarter may be among its most profitable.

``I feel so much better now about our investment bank than I did, say, a few weeks ago, a few months ago,'' Lewis said at a New York conference today. The current quarter could be ``one of the three or four best investment-banking quarters that we've had,'' he said.

That's a change in tone from last October, when Lewis said he'd had ``all the fun I can stand'' in investment banking as the unit posted a 93 percent plunge in third-quarter profit. Lewis has since said he regrets the comment, adding today that clients began to doubt the bank was committed to the business. ``We've narrowed down the focus on what we're really good at,'' Lewis, 61, said at a session sponsored by the Wall Street Journal.

I'm not really sure what to say to that, but I think the movie Dr. Strangelove paints a nice picture.  Playing the part of Ken Lewis, the great Slim Pickens;