Thursday, May 10, 2012

Today's Teamster News 05.10.12

Bank Vs. America – Protests Outside, Inside BofA Shareholder Meeting  firedoglake   ...Inside the Bank of America meeting, disgruntled shareholders — including Trillium Asset Management, the City of New York and the American Federation of State, County and Municipal Employees — will force votes on proposals that would curb the bank’s political spending and force it to review its foreclosure practices...
New Rules May Curtail Some Fees in Mortgage  New York Times   ...The Consumer Financial Protection Bureau said it planned to propose tighter mortgage lending regulations that would limit the ability of banks and mortgage brokers to charge certain transaction fees, possibly ending one of the most abusive costs levied on consumers when they buy a house...
Are public sector pensions too generous?  The Guardian   ...Public state employees including police, lecturers and border control staff are striking today over government plans to shave billions from the the pensions bill by worsening the terms of their pensions...
Spain nationalises Bankia as euro crisis escalates  The Telegraph   ...Spain has nationalised crippled lender Bankia in a dramatic move to contain the escalating crisis and restore faith in the country's management...
Scott Walker's extreme hypocrisy on Milwaukee jobs  Washington Post   ...In other words, when Milwaukee was adding jobs early in Walker’s term, his policies deserved all the credit. When it began to lose jobs, it was the fault only of his opponent’s policies — even though the rest of the state lost jobs, too...
Union Workers Picket Allied Waste Services Lockout  Tristatehomepage.com   ...Union workers are picketing Evansville's Allied Waste Services just a day after the company locked them out. The company confirmed last night most of its workers were locked out. 79 drivers, mechanics and landfill operators are affected by the lockout...