Lewis, who spoke to the Delaware State Chamber of Commerce today, said he thinks it was a malicious rumor. He denied that government pressure to keep the nation's largest mortgage lender out of bankruptcy played any role in his company's decision to acquire Countrywide for $4.1 billion.
He says they had an impressive liquidity plan and backup lines in place.
Lewis also expressed a degree of surprise with the attention given what he said was a relatively small transaction for Bank of America.