Moynihan fights fires at Bank of America amid book-value doubts

FILE PHOTO: BRIAN T. MOYNIHAN, Bank of America CEO, will continue putting out fires in 2011. /
FILE PHOTO: BRIAN T. MOYNIHAN, Bank of America CEO, will continue putting out fires in 2011. /
NEW YORK - Brian T. Moynihan spent his first year as Bank of America Corp.’s CEO putting out fires smoldering from the financial crisis. In 2011, he’ll do it all over again. Since succeeding Kenneth D. Lewis on Jan. 1, 2010, Moynihan, 51, has struggled to stanch loan losses and a surge of litigation at…

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