Banks Get Bailed Out, Workers Get Sold Out
Taxpayers, and working families joined together in Milwaukee and more than 100 other cities across the nation to take action against Bank of America’s mishandling of taxpayer funds and collect and deliver “Taxpayer Proxies” demanding the bank fire CEO Ken Lewis and commit to financial reform that puts consumers and workers ahead of profits.
The taxpayer actions took place on the eve of Bank of America’s annual shareholder meeting in Charlotte, NC. After accepting $45 billion in bailout funds, taxpayers and the government are the largest shareholders of Bank of America, and taxpayers in Wisconsin are demanding that their voices be heard.
On April 29th a delegation of community and national leaders will deliver the “Taxpayer Proxy” demands to the Bank of America shareholder meeting calling on it to: fire CEO Ken Lewis; support strong banking reform; eliminate predatory lending practices and unreasonable fees; support the Employee Free Choice Act to ensure workers have a voice to speak out for consumers and improve working conditions; and provide affordable healthcare to bank workers so they are not forced to rely on tax-payer funded public health programs.