Earlier this month, it was reported that Bank of America (BAC) might not announce a replacement for departing CEO Ken Lewis until Thanksgiving.

Now Thanksgiving has come and gone, and there is still no word of a new CEO for Bank of America.

"The selection process is continuing, internal and external candidates are being considered and a decision will be made in the near future," BofA spokesman Scott Silvestri told CNBC, which is speculating that the process could linger on into next year.

Say what you will about Bank of America (NYSE: BAC) CEO Ken Lewis, but you have to give him this: He's a survivor.

Here's a guy who made acquisitions that should have bankrupted his company, but was able to get the United States government to take on the risk and leave the upside to him and his badly-beaten shareholders -- and then tried to blame the whole thing on the Treasury Department.

But through all that, he got to keep his job as CEO. True, he did lose his title as chairman of the board: But doesn't that seem kind of like kicking the Unibomber off the co-op board?

Bank of America (NYSE: BAC) CEO Ken Lewis has been trying to sell the South Carolina vacation home he owns in partnership with a North Carolina restaurateur for three year. He just slashed the price by 13% -- to $3.3 million.

The Wall Street Journal reports (subscription required) that "the 5,700-square-foot Low Country home is on Spring Island, a causeway-accessible private community near Hilton Head Island, and has three bedrooms, a screening room and an office. The property has a deepwater pier and is near the island's 1,300-acre nature preserve. The home was off the market for a number of months."

Everyone's favorite corporate outhouse/welfare diva Bank of America (NYSE: BAC) has begun its search for directors to replace deposed former chairman Ken Lewis, along with any other directors who might step down.

The company is also considering changes to its board structure that could result in a search for more new blood, but the Wall Street Journal reports (subscription required) that the ward of the state hasn't yet hired a firm to find new directors.

Here are the unofficial closing numbers:

Dow 8,169.00 -16.73 (-0.20%)
S&P 500 872.42 -1.22 (-0.14%)
Nasdaq 1,715.10 +3.16 (0.18%)

The largest pension fund in the country, the California Public Employees' Retirement System (Calpers), wants Ken Lewis and every single one of Bank of America's (NYSE: BAC) 17 other directors sent packing for not disclosing mounting losses at Merrill Lynch or the company's secret meeting with the Treasury Department looking for money to complete the acquisition.

Calpers joins the Service Employees International Union, CtW Investment Group, and a number of other influential shareholders and proxy advisors in voting for Ken Lewis to be kicked off the company's board of directors.