After what's felt like months of discussing whether or not Ken Lewis should be canned from Bank of America, shareholders are finally getting their big moment today, at the firm's annual investor meeting. Things are scheduled to get going later this morning, but ahead of the main event, SEIU is reiterating its message to, among other things, throw 2008's Banker of The Year out on his ass.* That truck's been circling BAC's corporate headquarters for the last hour.
*Meaning whether or not to re-elect Lewis to the board, but no one ever said they couldn't see him out of the building Fresh Prince-style.
Posted by guest , Apr 29, 2009 9:07AM
rick santelli = loser of the year
Posted by guest , Apr 29, 2009 9:08AM
@1- that's all well and good but this is about me, and how big or small a loser I am.
--Ken Lewis
Posted by guest , Apr 29, 2009 9:08AM
Employee free choice act? UAW, is that you behind the façade?
Posted by guest , Apr 29, 2009 9:08AM
I wonder how many of these protesters took advantage of the subprime loans to buy a house they knew they couldn't afford.
Posted by strangebrew , Apr 29, 2009 9:12AM
Yes, as a 'justice' seeking taxpayer, I want to support card check and the expansion of union power, because I really want to pay more for stuff and see more powerful unions. Cause that's always good for the taxpayer. But I'm guessing that the supporters of the group behind this don't pay that much in taxes anyway.
Posted by merkin capital partners , Apr 29, 2009 9:16AM
OK
Sure
Why?
No
Why?
And how many actual taxpayers does this organization have as members?
Posted by Anal_yst , Apr 29, 2009 9:20AM
IF anyone remembers the "wall street march" a few weeks ago, it was the same bullsh!t:
Take ~10 disparate "non-profit" causes, throw 'em all together and come up with a retarded set of "demands" that are at best loosely-tied to reality.
Thats how they roll, I suppose.
Posted by EvilBuzzard , Apr 29, 2009 9:23AM
Lewis should have personally resigned rather than accepting the TARP money. That would have been the truly couragious thing to do.
Posted by sugardaddy , Apr 29, 2009 9:24AM
You guys are all thinking about this in the wrong way. We should unionize the banks that way, work hours will go down and pay will go up.
Posted by guest , Apr 29, 2009 9:25AM
seiu.org -- yeah, that is what B of A needs to add to the mix -- unions.
Posted by guest , Apr 29, 2009 9:27AM
$10 says they purchased that ad on credit provided by "the big bad bankers"
Posted by guest , Apr 29, 2009 9:28AM
Bess/EP - are you going to have anyone inside the meeting to give updates like you did at Citi last week?
Posted by guest , Apr 29, 2009 9:31AM
@12- Can you read? Bess was AT the citi meeting last week.
Posted by guest , Apr 29, 2009 9:31AM
hahahaha..."Support the employee free choice act".
I love how we give the biggest boondoggles names like "Employee Free Choice Act" or "Patriot Act".
Posted by guest , Apr 29, 2009 9:31AM
@9 knows what's up!
I look forward to the day when I have to pay interest to the banks for holding my money, oh wait!
Posted by EvilBuzzard , Apr 29, 2009 9:40AM
@9 - Union Yes!!! Because Banker's hours are far too long and arduous!
Posted by guest , Apr 29, 2009 9:50AM
This is probably orchestrated by fucking ACORN or some equivalently stupid (gubment backed) group that is pulling a slight of hand trick. They hard-core busted on AIG execs' bonuses (including free tours) which were a bp of the TARP that was laundered through AIG-FP to their conduits and Buffet.
Bald and Beard broke the law when the forced the ML dealio down Boones Boys throat.
The constitution has been micturated upon in this fair land.
Posted by guest , Apr 29, 2009 9:50AM
Workplace safety is no joke. An analyst I worked with was recently maimed by an exploding Option ARM mortgage embedded in his fixed income portfolio.
UNION YES!
Posted by merkin capital partners , Apr 29, 2009 9:56AM
@17 From WHOIS:
Registrant Name:Theodore Stein
Registrant Street1:1650 Harvard St NW
Registrant Street2:apt 725
Registrant Street3:
Registrant City:Washington
Registrant State/Province:District of Columbia
Registrant Postal Code:20009
Registrant Country:US
Registrant Phone:+1.2022706665
Registrant Phone Ext.:
Registrant Email:tedstein@gmail.com
He runs resistancemedia.org
I'm sure highly rationale.
Posted by guest , Apr 29, 2009 10:07AM
I’m not necessarily for or against Ken Lewis but I am against anything the SEIU is for, so, I’ll be voting my shares for Ken.
Oh, and Jon Stewart = ass clown of the year.
Posted by guest , Apr 29, 2009 10:32AM
I am against anything the SEIU is for
-----------
the SEIU makes Barry the Kenyan look like Barry Goldwater
Posted by guest , Apr 29, 2009 10:35AM
Yeah, the whole union thing worked out so well for the "industrial heartland."
Support the Union Free Choice Act and help turn NY and Charlotte into the next Detroit.
Posted by guest , Apr 29, 2009 10:58AM
@ 17 here -
They should take Geithner, Bald, Beard, Paulson & Kishkari and arrest them on RICO laws. Problem is that our Congress is full of fucking morons and they don't even know what questions they should be asking so instead they'd waste everyone's time grandstanding (think M^H2Os).
Geeze -- it's not even noon. The country is in the shitter, yet the PPT is hard @ work squeezing 2% out.
Oh Canada