Now that the Obama Administration has started sacking CEOs, MoveOn asking its 3.2 million members to petition Treasury Secretary Tim Geithner to issue Bank of America CEO Ken Lewis’s pink slip next, in a move that appears to be related to the union pension fund-led proxy battle to get bank shareholders to vote him out at the annual meeting later this month. Yesterday Stephen Lerner, a division director of the Service Employees International Union, went on Ed Schultz’s new MSNBC show to lambaste the $35 million in pay Lewis had taken home over the past two years when the average teller makes $21,000 a year.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=143991