Ladies and Gentlemen, we have a winner! The dumbest "we've hit bottom" quote so far - Bank of America CEO Ken Lewis

How do boobs like this get jobs running large American publicly traded companies? Boy, will we laugh and laugh a few years from now at these kinds of stellar predictions. Just like we laugh at classic "we've hit bottom" great depression quotes today


June 20 (Bloomberg) -- The worst U.S. housing slump in 16 years will begin to ease in the next month or two, and job growth will lift home prices and spur construction early next year, Bank of America Corp. Chief Executive Officer Kenneth Lewis said.

``The drag stops in the next few months,'' Lewis said in an interview yesterday in New York. ``It's just about to be over. We're seeing the worst of it.''