Did you see the news on Tuesday? The Huffington Post reported that just days after receiving billions in bailout money, Bank of America hosted a secret call to plan the defeat of the Employee Free Choice Act.
Bank of America has $45 billion in bailout money, but they're not using it to help the economy, homeowners, or their employees. The company instead planned how to keep their employees and other working people from improving their economic situations.
It's time to fire Bank of America CEO Ken Lewis and replace him with someone who will use our bailout money responsibly.
Today, we're asking you to go to a Bank of America location to talk directly with employees about what's happening with their company - and why their CEO should be fired.
Click here to find an event near you, or create your own event at a Bank of America branch.
Combined with recent reports that Bank of America CEO Ken Lewis knowingly let a bank purchased by his company dole out $4 billion in bonuses before receiving even more bailout funds, it's clear Bank of America is not interested in anything but its bottom line.
Let's be clear: it won't be enough to replace Ken Lewis with someone equally reckless. After Bank of America replaces its CEO, the company needs to use its $45 billion bailout money responsibly. We're asking the company to:
- Provide health care for its 247,000 workers
- Keep over 12,000 troubled borrowers in their homes with executive bonus money
- Sign new leases with renters who live in buildings that are being foreclosed upon
- Commit to providing affordable healthcare to all of its employees and their dependents.
Find a Bank of America near you and invite your friends to help you talk to tellers. Click here to tell Bank of America employees about their company on Thursday.
Bank of America employs 247,000 people but pays some so little money that its employees take up significant portions of public health care in some states. And get this: in 2006, Lewis took home $99 million, more than 4,000 times what his average employee makes.
Someone needs to stand up for Bank of America employees, because the company sure isn't. It's time for Ken Lewis to go.
Find a Bank of America event near you today.
> More background on Bank of America's practices here: www.seiu.org//bank-of-america/
