Thursday, September 23, 2021

Play

States are poised to help resettle Afghan evacuees who fled their home country after the U.S. military exit; efforts emerge to help Native Americans gain more clean energy independence.

Play

Sen. Mitch McConnell refuses to support raising the debt ceiling; Biden administration pledges $500 million of COVID vaccine doses globally; and U.S. military says it's taking steps to combat sexual assault.

Play

A new Oklahoma museum honors tribal nations, while Iowa's history is back on the blacktop; mixed news on COVID-19 comes with a warning about unconventional drugs; and electric cars and buses are coming to rural America.

PA Group: Bank of America Head Should Be Handed His Walking Papers

Play

Wednesday, April 29, 2009   

Harrisburg, PA - Bank of America shareholders will hear today from company top brass as to what their stock is doing, but a Pennsylvania group also wants them to hear its call for CEO Ken Lewis to be fired. The Service Employees International Union (SEIU) says Bank of America took 45 billion dollars in taxpayer bailout money, then spent millions lobbying Congress to protect its credit card and lending practices.

Emily Rizzo, organizer with the group Progressives and Democrats of the Endless Mountains, calls that corporate greed at its worst.

"The mess we're in today was not created by the taxpayers, and yet we as taxpayers are bearing the brunt of this, of the fallout."

Rizzo says replacing Lewis is a must if taxpayers hope to see a return of any kind from the bailout.

"Getting rid of Ken Lewis and getting someone in there who can actually be accountable to the taxpayers of America would go some way to changing the situation."

Rizzo says it's not just Bank of America customers and stockholders, but employees who are getting the short end. SEIU is lobbying for passage of legislation that would make it easier for workers to unionize.

"Certainly, if we were able to pass the Employee Free Choice Act, that would go a long way to improving the loss of their own employees."

Opponents of the act say it could allow employees to be intimidated into joining a union, but supporters say the status quo allows intimidation by employers to discourage union formation.

Lewis was hailed last fall for his decision to buy a tottering Merrill Lynch, but Bank of America stock has plummeted since and the merger is now under investigation by the Securities and Exchange Commission. Lewis said in March he had no plans to step down, but an interview earlier this month with a newspaper in Great Britain indicates his mind might be changing.



get more stories like this via email

Political canvassing across the country dropped dramatically during the 2020 election due to concerns over COVID-19 transmission via in-person door-knocking. (Adobe Stock)

Health and Wellness

LEWISBURG, W.Va. -- Political canvassers and organizers in the state are expecting they will continue to struggle with challenges to traditional …


Environment

CHEYENNE, Wyo. -- A federal court agreed with conservationists this week, ordering winter feeding of elk on the Bridger-Teton National Forest …

Social Issues

FARGO, N.D. -- In the near future, North Dakota is poised to help resettle 49 Afghan evacuees who fled their home country after the U.S. military …


Local opposition to the proposed land swap was strong before the Idaho Department of Lands rejected the deal. (PNS/Corbeil)

Environment

MCCALL, Idaho -- After the rejection of a developer's proposed land swap near Payette Lake, a coalition of groups wants the state to do the opposite…

Health and Wellness

DENVER -- Colorado's ability to respond to COVID-19 was blunted by decades of disinvestment in critical public services, according to a new report…

Beginning in 2022, Nebraska's Department of Education will begin offering farm-to-school producer training in various regions of the state. (Adobe Stock)

Environment

GERING, Neb. -- With school back in session, many Nebraska students will be fueled by fresh beef, fruits and vegetables sourced from local farms…

Social Issues

By Abaki Beck for Yes!Media.Broadcast version by Mike Moen for Minnesota News Connection reporting for the YES! Media-Public News Service …

Environment

ANNAPOLIS, Md. - Farm bureaus and agricultural leaders of Chesapeake Bay watershed states are pushing the U.S. Department of Agriculture to fund a …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021