Monday, January 9, 2012

Activist groups launch anti-Bank of America blog in advance of annual meeting

Two activist groups have launched an anti-Bank of America blog to put pressure on the Charlotte-based bank in advance of its annual shareholder meeting in May.

Environmentalist group Rainforest Action Network and pro-labor New Bottom Line announced Monday a new site called "Bankrupting America," which the groups hope to use to chronicle wrongdoing by the second-largest U.S. bank by assets.

The two groups hope the blog will pressure the bank to pay more in taxes, revitalize the economy and stop funding coal projects, according to a news release.

Eight people were arrested outside Bank of America's corporate headquarters in November during a Rainforest Action Network protest.


Anonymous said...

Bank of America has a new wrinkle in its lousy customer service -- "on-line chatting with banking professionals." They don't know anything, can't answer particular questions, don't appear to have a supervisor to report to, and are rude and judgmental. One more reason to run away from Bank of America as fast as your legs will carry you.