Bailout benefactors organising against the unions
Wikileaks – a transparency advocacy group and resource for classified documents from a variety of governments, businesses and other organisations – has released the contents of a conference call held between the Bank of America and a variety of businesses and conservative campaigners. As the wikileaks description puts it:
Three days after receiving $25 billion in federal bailout funds, Bank of America Corp. hosted a conference call with conservative activists and business officials to organize opposition to the U.S. labor community’s top legislative priority.
Participants on the October 17 call — including at least one representative from another bailout recipient, AIG — were urged to persuade their clients to send “large contributions” to groups working against the Employee Free Choice Act (EFCA), as well as to vulnerable Senate Republicans, who could help block passage of the bill.
Bernie Marcus, the charismatic co-founder of Home Depot, led the call along with Rick Berman, an aggressive EFCA opponent and founder of the Center for Union Facts. Over the course of an hour, the two framed the legislation as an existential threat to American capitalism, or worse.
This release follows an article in the Huffington Post exposing the existence of the call and shedding light on those involved.
Information on the EFCA can be found here.