So much for intertemporal consistency. According to the Charlotte Observer (via Dealbreaker), the imminent departure of Amy Brinkley as chief risk officer at BofA will mark the 52nd exit among the bank’s 100 top executives since 2005.

A BofA spokesperson told the paper such things are to be expected and that turnover at the bank was, “consistent with the history of the organization and a consolidating industry.” Unnamed departed executives said it had more to do with poor morale under Lewis and that, “You can't keep draining a bank of [this] size and complexity without replacing it.”

Ken Lewis “can be reckless.” (Clusterstock)

Is it a miracle that Ken Lewis is still the CEO of Bank of America after all this? Yes. (Clusterstock)

Lloyd Blankfein predicts long recession. (Reuters)

ECB fears bank crisis in 2010. (Telegraph)

NIESR thinks the recession is already over in the UK. (Telegraph)

Gordon Brown too weak to defend the City against the EU. (Financial Times)

It’s ok, US Pay Czar will only provide ‘guidance’ on pay rules. (Wall Street Journal)

How to Network Like Jason Bourne. (MergersandInquisitions)

For those 65% of you who failed Level I last weekend, I futurely feel sorry for how much of your life you poured down this horrible Chartered drain. (Longorshortcapital)

Vast swathes of ideologically uncommitted citizens who were happy to drink the free market Kool Aid when it justified, encouraged, and helped pay for a standard of living they could not otherwise afford now view anyone from the finance sector with as much enthusiasm as a dose of the clap. (Epicureandealmaker)