April 13, 2010
B of A is failing America
Workers, clergy, veterans, civic leaders, and community groups from the NC State AFL-CIO and NC United Power will converge for an important action at the Bank of America shareholders’ meeting in Charlotte on the morning of April 28th.
What: Rally and action at B of A shareholders meeting
When: Wed., April 28 at 9:15 AM (shareholders meeting) and at 11:30 AM (rally after shareholders meeting)
Where: Gathering place is First United Presbyterian Church, 406 N. College Street, Charlotte, NC 28802
Come out and demand accountability from B of A for its billions in taxpayer bailouts. Tell the bank to modify loans and save homes from foreclosure. Call on bank leaders to quit fighting financial reform that would protect consumers. Shame bank bosses for giving themselves fat bonuses with our hard-earned tax dollars.
Download the flyer for more information, including the agenda, and share it with your networks.
Time to hold Wall St accountable for destroying jobs
In an op-ed published in the Charlotte Observer last Thursday, NC AFL-CIO President, James Andrews, and national AFL-CIO President, Richard Trumka, called for banks to pay their fair share to restore the jobs they destroyed in the 2008 collapse of the financial sector.
“But unbelievably, after $700 billion in taxpayer bailout dollars, the big banks are back to business as usual. They are still not lending in their communities, and credit remains tight. They are fighting new taxes on financial speculation and excessive bonuses, even after handing out $145 billion in 2009 executive pay and bonuses. And they are pulling out all the stops to resist new financial rules that are so clearly necessary.”