10 May '12, 2am

Shareholders Call on Bank of America to Stop Funding Mountaintop Removal

Shareholders Call on Bank of America to Stop Funding Mountaintop Removal

At a raucous protest at Bank of America's annual shareholder's meeting—one that raged both inside and out—homeowners, students, Occupiers, and environmental activists gathered to air their grievances. Outside, over a thousand people took part in multiple marches. Inside, shareholder activists forced the CEO to field questions about exorbitant pay, the bank's habit of financing mountaintop removal coal mining, and their ongoing failure to address the mortgage crisis. Evidently, it got noisy . One of the focuses of both arms of the protest was the fact that BofA finances coal companies that engage in mountaintop removal mining—the abominable practice of exploding mountain peaks to gain cheap access to their coal seams. The Huffington Post liveblogged the proceedings, and caught the pertinent MTR bits : Inside the shareholder meeting, Bank of America CEO Brian Moynihan just d...

Full article: http://www.treehugger.com/corporate-responsibility/shareh...

Tweets

Fun visit to the bowels of the Bank of America Tower.

Fun visit to the bowels of the Bank of America ...

buildinggreen.com 17 May '12, 4pm

Alex Wilson is founder and executive editor of BuildingGreen, Inc., and coeditor of GreenSpec. For more than 30 years, Ale...