Friday, March 11, 2011

M&I Closes to Protect Against Run on Bank, Makes False Claim Police Advised them to Lock Doors.

When is a lie, a lie? Who would you believe, the police department or bank spokesperson?
WSJ: M&I Bank's branch on the Capitol Square, at 1 W. Main St., closed Thursday after demonstrators, protesting campaign contributions by bank executives to Gov. Scott Walker, gathered outside the bank and several pulled their money out. Several protesters went inside and closed their accounts, displaying checks that totaled $192,000 withdrawn, Conway said. Schmitz declined to comment about any withdrawals. 
Sara Schmitz, a spokeswoman for M&I in Milwaukee, said in an e-mail the bank shut its doors "under the advisement of the Madison Police Department and due to the significant number of protesters surrounding the Capitol." 
Madison police … spokesman Joel DeSpain said … police did not tell M&I officials to close the bank.
So did the police tell M&I to close? NO. Time to pull your money, now.

 Here's how the M&I boycott is progressing:

jsonline: Teachers, firefighters and police officers said they would begin a boycott of M&I Bank if the bank does not begin publicly opposing Gov. Scott Walker's efforts to curtail collective bargaining for public workers. 

Unions representing those groups said they would start other boycotts of businesses that backed Walker in his campaign. 

The letter to M&I President Tom Ellis said the boycott would begin March 17 if the bank hasn't opposed Walker's efforts by then. 

"In the event that you cannot support this effort to save collective bargaining, please be advised that the undersigned will publicly and formally boycott the goods and services provided by your company," the letter says. "However, if you join us, we will do everything in our power to publicly celebrate your partnership in the fight to preserve the right of public employees to be heard at the bargaining table." 

The letter was sent by the heads of the Wisconsin Professional Police Association, the Professional Fire Fighters of Wisconsin, the International Association of Fire Fighters Local 311, Madison Teachers Inc., Green Bay Education Association, Dane County Deputy Sheriffs Assocation and the Madison Professional Police Officers Association.



Here's Madison Fire Fighter Local 311 Pres. Joe Conway with Ed Schultz:

 
Posted by John Peterson, Democurmudgeon at 3/11/2011 09:53:00 AM Labels: ,

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