How Bank of America Silenced a Whole Town

[annabanana]

Hush, Hush Sweet Charlotte
http://ourfuture.org/blog-entry/2012051909/hush-hush-sweet-charlotte-shareholders-protesters-and-bofas-seven-million-doll

Today was a very good day for Brian Moynihan, the Bank of America CEO whose 2011 compensation package was approved today. As they were preparing to formally qpprove his lavish remuneration, I stood outside in a line of shareholders with a letter naming me the official representative for an investor who owns 82,000 BofA shares. Around me were about forty investors, each of whom was about to contribute in some small way to Mr. Moynihan's payday. But our little band of investors were haughtily dismissed by bank executives after waiting, some for hours, in the wilting Carolina heat.

The protesters chanted in the street as a PR executive told us we would not be admitted into the meeting - and then asked us to get off the bank's property.

All around us, in what officials acknowledged was a dry run for the Democratic Convention, city authorities had given everyone's constitutional rights the day off by declaring the protest an "extraordinary event."

I'll say this: It must have been the most courteous suspension of civil liberties ever. It was the nicest police state you'll ever want to see. But then, that's Charlotte for you: a great town filled with friendly people. They overrule the Constitution more politely than folks up North write a parking ticket.

We can expect that the Convention will, indeed, be an "extraordinary event". It will be ugly as hell.

[Crow73]

1. Let us not forget this gem

Bank Of America Makes Taxpayers Insure 75 Trillion Dollars in Risky Derivative Schemes.

[Skidmore]

2. I would think that taking taxpayers' money to bail their sorry asses out would

make us all investors and they should be holding those meetings in a football stadium somewhere.

[xchrom]

3. du rec. nt

[Mojorabbit]

4. kick nt

[sarcasmo]

5. Would someone please explain to me the thought process of having the Democratic

Convention in North Carolina. It's a right to work state, that alone should have made it a no go.

[dixiegrrrrl]

6. I think there is a message in that decision, don't you?