# Bank of America -- this bodes ill

**URL:** <https://boards.straightdope.com/t/bank-of-america-this-bodes-ill/287166>\
**Category:** The BBQ Pit\
**Created:** [January 28, 2005, 7:46pm UTC](https://boards.straightdope.com/t/bank-of-america-this-bodes-ill/287166 "2005-01-28T19:46:02Z")\
**Posts on this page:** 2\
**Page:** 2

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**Author:** ![Polycarp](https://avatars.discourse-cdn.com/v4/letter/p/82dd89/32.png) [@Polycarp](https://boards.straightdope.com/u/Polycarp)\
**Post date:** [January 30, 2005, 12:14am UTC](https://boards.straightdope.com/t/bank-of-america-this-bodes-ill/287166/21 "2005-01-30T00:14:59Z")

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> [@Liberal](#):
>
> I thought Bank of American kept the NationsBank Chairman of the Board (Hugh McColl at the time), but the Bank of America Chief Executive Officer. Of course, that still put NationsBank (formerly North Carolina National Bank) at the top of the corporate heap.

You’re correct, **Lib** – I’d confused McColl with the BoA CEO (whose name I forget)! :o

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**Author:** ![Liberal](https://avatars.discourse-cdn.com/v4/letter/l/848f3c/32.png) [@Liberal](https://boards.straightdope.com/u/Liberal)\
**Post date:** [January 30, 2005, 12:01pm UTC](https://boards.straightdope.com/t/bank-of-america-this-bodes-ill/287166/22 "2005-01-30T12:01:56Z")

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> [@SkipMagic](#):
>
> If I remember correctly, Nations bought out Bank of America, but they opted to keep the name of the latter because it was better-known.

That’s correct. When I said that the deal put NationsBank at the top of the heap, I meant the personnel from NationsBank — Hugh McColl, and so forth.

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