Tag Archive: Brian Moynihan

May 09 2012

Huge Protests at BofA Shareholder Meeting Today. Pay Packages Approved, Proposals Defeated.

Bank Of America Protests Begin At Shareholder Meeting

Activists from Occupy Wall Street, the environmental movement and labor unions, along with victims of home foreclosures, have begun massive demonstrations at Bank of America’s shareholder meeting in Charlotte, N.C., on Wednesday morning.

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Inside the Bank of America meeting, disgruntled shareholders [ … ] will force votes on proposals [ … ]

Outside the meeting, protesters promise a boisterous slate of events to draw attention to Bank of America’s relationship with the federal government, the coal industry and its long record of foreclosure abuse. Occupy Atlanta’s Tim Franzen said there are three marches planned, each with its own theme: the bank’s environmental record, the housing crisis and corporate accountability issues. The marches will converge into one big protest.