• 29 Apr 2009 at 9:02 AM

There’s Gonna Be A Showdown In Charlotte

By

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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.

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Comments (53)

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  1. 1
    Posted by guest | April 29, 2009 at 9:07 AM

    rick santelli = loser of the year

  2. 2
    Posted by guest | April 29, 2009 at 9:08 AM

    @1- that’s all well and good but this is about me, and how big or small a loser I am.
    –Ken Lewis

  3. 3
    Posted by guest | April 29, 2009 at 9:08 AM

    Employee free choice act? UAW, is that you behind the façade?

  4. 4
    Posted by guest | April 29, 2009 at 9:08 AM

    I wonder how many of these protesters took advantage of the subprime loans to buy a house they knew they couldn’t afford.

  5. 5
    Posted by strangebrew | April 29, 2009 at 9:12 AM

    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.

  6. 6
    Posted by merkin capital partners | April 29, 2009 at 9:16 AM

    OK
    Sure
    Why?
    No
    Why?
    And how many actual taxpayers does this organization have as members?

  7. 7
    Posted by Anal_yst | April 29, 2009 at 9:20 AM

    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.

  8. 8
    Posted by EvilBuzzard | April 29, 2009 at 9:23 AM

    Lewis should have personally resigned rather than accepting the TARP money. That would have been the truly couragious thing to do.

  9. 9
    Posted by sugardaddy | April 29, 2009 at 9:24 AM

    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.

  10. 10
    Posted by guest | April 29, 2009 at 9:25 AM

    seiu.org — yeah, that is what B of A needs to add to the mix — unions.

  11. 11
    Posted by guest | April 29, 2009 at 9:27 AM

    $10 says they purchased that ad on credit provided by “the big bad bankers”

  12. 12
    Posted by guest | April 29, 2009 at 9:28 AM

    Bess/EP – are you going to have anyone inside the meeting to give updates like you did at Citi last week?

  13. 13
    Posted by guest | April 29, 2009 at 9:31 AM

    @12- Can you read? Bess was AT the citi meeting last week.

  14. 14
    Posted by guest | April 29, 2009 at 9:31 AM

    hahahaha…”Support the employee free choice act”.
    I love how we give the biggest boondoggles names like “Employee Free Choice Act” or “Patriot Act”.

  15. 15
    Posted by guest | April 29, 2009 at 9:31 AM

    @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!

  16. 16
    Posted by EvilBuzzard | April 29, 2009 at 9:40 AM

    @9 – Union Yes!!! Because Banker’s hours are far too long and arduous!

  17. 17
    Posted by guest | April 29, 2009 at 9:50 AM

    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.

  18. 18
    Posted by guest | April 29, 2009 at 9:50 AM

    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!

  19. 19
    Posted by merkin capital partners | April 29, 2009 at 9:56 AM

    @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.

  20. 20
    Posted by guest | April 29, 2009 at 10:07 AM

    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.

  21. 21
    Posted by guest | April 29, 2009 at 10:32 AM

    I am against anything the SEIU is for
    ———–
    the SEIU makes Barry the Kenyan look like Barry Goldwater

  22. 22
    Posted by guest | April 29, 2009 at 10:35 AM

    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.

  23. 23
    Posted by guest | April 29, 2009 at 10:58 AM

    @ 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

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