$$$ Dealbreaker is now optimized for your Blackberry.
$$$ Hedge funds sat out March stock rally [Investment News]
$$$ At MBIA, it’s like old times [The Deal]
$$$ This was apparently planned for 4PM today, though we didn’t see anything about it before and just got word of it now. Moynihan, if you’re reading, share the harrowing tale with the group.
Another problem that Bank of America has to clean up at Merrill Lynch: Cafeteria workers call on bank executives to protect their wages.
What: Sodexo workers from Merrill Lynch cafeterias will deliver a letter and a petition to Bank of America executive Brian Moynihan
When: 4 PM today, 4/8/09
Where: New Bank of America Tower, corner of 42nd street and 6th Avenue
From Bonusgate to Fancy-Carpetgate to reports of rogue trading and revelations of undisclosed losses, the troubles Bank of America has inherited from Merrill Lynch just don’t seem to stop coming.
Maybe Bank of America would be interested in a chance to
actually solve a problem. Right now. One that can be
measured in a few dollars an hour, but that would make a
meaningful difference in the lives of over 100
hard-working American taxpayers.
That’s the hope of the Sodexo food service workers at
Merrill Lynch’s New York headquarters, who will deliver a
letter and a copy of a petition signed by over 100 of
their co-workers to the new Bank of America tower this
afternoon. They’ve been working without a contract for
over a year, and have just been told by Sodexo that if
they want a new one, they’ll have to give up part of their
contract that protects them against cuts in wages. Under
Sodexo’s current plan, these workers, some of whom have
spent decades working their way up to their current wages,
will face immediate pay-cuts if they are reassigned due to
lay-offs. This is no small thing in a workplace where the
average gross pay is $475 for 40 hours of work.
They will be asking for the help of Brian Moynihan, Bank
of America’s President of Investment Banking and Wealth
Management, who is one of the key players in blending
Merrill into BofA. They will also be handing out leaflets
to Bank of America employees asking for their support.
Maybe it was too much to hope that Merrill Lynch
executives could pause their exotic trades and lavish
office renovations long enough to maintain a level of
decency in their cafeterias. Now, though, thanks in no
small part to American taxpayers, Sodexo works for Bank of
America. According to Bloomberg.com, Bank of America
executives are deciding if the base salary of some of
their investment bankers should be increased from $180,000
to $300,000 a year. Perhaps they could take a minute to
ask Sodexo why it can’t come to terms with workers at
Merrill Lynch who have been struggling for a raise in the
vicinity of .65 cents an hour.
those cafeteria workers have spunk
i like how they’re addressing moynihan as though lewis is already done?
Nice work on the mobile page!! The Bold’s browser seriously shits itself trying to render the main page
@2- likely b/c moynihan is in NYC and Lewis is not.
No comments with the bberry page, or me just be el stupido?
@lowly- that’s how bbery optimized pages all look.
Eh. I like the regular, old-style with just a “skip to the meat of the page” thing. It would be nice to comment from a bb, but I’m high maintenance.
Regardless, good for quick stuff.
@lowly- you can still read it that way through the regular url (the optimized one is http://m.dealbreaker.com/)
BlackBerry is excellent news. Now I can check this site whilst strumping a dump!
@9- stop trying to make S.A.D. happen.
Prunes help when trying to make strumping a dump happen…
i know, a lot of work, but…if you download opera mini on the blackberry, it does a great job with the RSS feed for dealbreaker and other sites. i much prefer it to the mobile designated page, but that may just be me.
also,
$ Dealbreaker is now optimized for your Blackberry.
shows up ast
$ Dealbreaker is now optimized for your
at m.dealbreaker.com
@13- in english please?
@13- http://m.dealbreaker.com/ is the link you go to read it on your bbery…
oh dear. not only is she fat, the “wsj” don’t like her either….
http://online.wsj.com/article/SB123922644853002669.html
When Meredith Whitney Calls, Should You Listen?
A bearish call made her the oracle of Wall Street. But she, like many others, failed to predict the market meltdown.
please may i have the optimized link for nintendo dsi[opera browser]
Optimize comments too!