Why the cryptocracy so dislikes the man is for them to know. They're certainly not going to tell us the real truth. But for months the cryptocracy has tried one foray after another directed at removing Lewis. He fought some of the attacks off, especially the congressional hearing stunt. But, it seems that the grind of constantly fending off these attacks got to him.
There is not much good to say about Lewis. What is significant about his case is what it reveals about the cryptocracy. If someone is not with the cryptocracy 100% and if they don't like you, the cryptocracy will stop at nothing to get rid of you, as Karzai in Afghanistan is about to find out.
Lewis was always sort of an outsider in the fraternity of bank leaders. The cryptocracy evidently felt they could not trust him in the new world of central planning.
One of the purposes of the economic crisis was to thin out the ranks of the banking and financial company leaders. The idea was to install executives who were tried and true loyalists to the cryptocracy. To this end an unprecedented number of executives have been show the door. Among them are Chief Executive Officers at Morgan Stanley, Bear Stearns, Merrill Lynch (fired by Lewis), Lehman Brothers, Washington Mutual, American International Group, Wachovia, and Citigroup.
If you thought the cryptocracy was not ruthless, think again.
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