... fire Chief Executive Officer Kerry Killinger and replace its board after an 85 percent stock-price plunge in the past year...
Killinger has already had his power clipped. He stepped down as Chairman of the bank earlier in the month. The sub-prime credit crisis continues to hurt the economy and wreak havoc with a number of top executives in the financial industry. Killinger may be forced out as CEO as well.
Stay tuned.
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