Hundreds of demonstrators marched outside Bank of America’s annual shareholder meeting yesterday to voice anger over issues ranging from foreclosures to corporate taxes to financing for the coal industry.
The meeting, held in the bank’s headquarters city of Charlotte, North Carolina, has drawn protesters in the past, but the crowd this year was bigger than any time in recent memory.
Bank of America’s shareholders approved the proposed executive pay package. All shareholder proposals failed to pass.
Demonstrators staged a mock boxing match between two fighters, one said to represent the wealthiest 1 per cent of Americans and the other representing the other 99 per cent. – (Reuters)