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Mole's Progressive Democrat

The Progressive Democrat Newsletter grew out of the frustration of the 2004 election. Originally intended for New York City progressives, its readership is now national. For anyone who wants to be alerted by email whenever this newsletter is updated (usually weekly), please send your email address and let me know what state you live in (so I can keep track of my readership).

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Location: Brooklyn, New York, United States

I am a research biologist in NYC. Married with two kids living in Brooklyn.

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  • Saturday, July 11, 2009

    Fight Bank of America

    This comes from SEIU:

    For the first time, Bank of America workers are speaking out about how the bank's practices hurt costumers and employees.

    According to the Associated Press, Bank of America "encouraged" its employees to "burden consumers with debt and enroll them in high-fee programs." Fed up with these unsavory practices, Bank of America workers are speaking out. But they need our help to do so.

    Sign our petition in support of protections for bank employees. We'll deliver your petition directly to Members of Congress working on financial reform.

    Click here: http://action.seiu.org/bankworkers

    What kind of pressure to sell products are employees under at banks like Bank of America? Here's what one former Bank of America employee said:

    "From sun up until sun down, six days a week, I was under constant pressure to push products that were usually bad for consumers and were--in my opinion--unethical," said Gabby Ornelas, a former Bank of America Personal Banker from the Washington, DC area.

    This is the other, hidden side of the financial crisis: bank employees had no choice but to push products that ended up hurting their customers.

    Congress will soon debate financial reforms to protect consumers - we need to make sure that those reforms also protect employees that sell the banks' products. In addition to giving bank workers a voice at work with legislation like the Employee Free Choice Act, new financial reforms need to protect both consumers from bad products, and employees who blow the whistle on bad practices at banks.

    Sign our petition to Congress to protect bank workers. We'll make sure it's delivered to the very people who can help fix this broken system:

    Click here: http://action.seiu.org/bankworkers

    Bank workers say they are routinely encouraged to push products on consumers that maximize fees, raise interest rates, and max out credit cards in order to meet ludicrously high sales goals. Worse, employees report they're told to target students, the elderly, and non-English speakers who are the most at-risk to end up paying huge fees.

    Here's what the Los Angeles Times reported yesterday about what Bank of America workers are saying:

    The former workers said they were going public to lay out what they saw as a little-known side of BofA's business model: encouraging working-class customers to sign up for high-interest-rate credit and cash advance services and structuring an array of check and debit card services to maximize overdraft fees and other charges.

    Sign our petition to Congress to protect bank workers. Click here: http://action.seiu.org/bankworkers

    Thanks for all you do to help bank workers, and workers everywhere.

    In solidarity,

    Michael Whitney
    SEIU.org

    3 Comments:

    Anonymous John Wright said...

    “WHERE IS OUR LOAN MODIFICATION BANK OF AMERICA!?”

    If it walks like a piggy, talks like a piggy, by golly it’s a PIGGY!

    BofA and it’s CEO Brian Moynihan reminds me of that song by John Lennon and George Harrison titled "Piggies" I invite you to listen to this song on youtube and see if it appropriately fits.

    http://www.youtube.com/watch?v=NTmeHM-Hojg&feature=related

    Have you seen the little piggies
    Crawling in the dirt
    And for all the little piggies
    Life is getting worse
    Always having dirt to play around in.

    Have you seen the bigger piggies
    In their starched white shirts
    You will find the bigger piggies
    Stirring up the dirt
    Always have clean shirts to play around in.

    In their ties with all their backing
    They don't care what goes on around
    In their eyes there's something lacking
    What they need's a damn good whacking.

    Everywhere there's lots of piggies
    Living piggy lives
    You can see them out for dinner
    With their piggy wives
    Clutching forks and knives to eat their bacon.

    Patricia Barbosa - 818-713-2886
    Assistant Vice President Office of President at Bank of America:
    Call Patricia Barbosa if you want to complain about your loan modification process. She is a CEO in charge of home modifications.

    When I filed my lawsuit against Bank of America, myself and United Law Group thought of the many others out there in the same situation. It was then that we decided to educate the public on what these piggy banks are doing, as well as unite us all together as one voice. Please help me turn this David vs. Goliath modification process, into a Goliath vs. Goliath.

    Please stand with me and United Law Group and send an email to Bank of America that states that we will no longer tolerate their potentially illegal, fraudulent, irregular and abusive business methods.

    One blogger named Terri sent me an email stating: “You won't believe it but while I was at work today I had a voicemail from an advocate from BofA. What do you think about that? No calls all this time, I respond to your email and I get a cal!. How do you like that one?

    Divided we might have fell America, but united we must stand!

    So please send your email directly to Bank of America and include the following:

    1. Your name
    2. Your complaint concerning your experience with Bank of America.
    3. Please end your email “I support John Wright vs. BofA Lawsuit!”
    4. Please send a copy of your email to johns-wright@hotmail.com
    5. Please send your email to both BofA link below and the CEO email

    CEO Brian Moynihan:
    brian.t.moynihan@bankofamerica.com

    BofA Linked Email:
    https://www3.bankofamerica.com/contact/?lob=general&contact_returnto=&state=VA

    WELL I HAVE HAD ENOUGH AND I AM FIGHTING BACK!

    John Wright Vs. Bank of America

    Please join my fight or show your support through your comments at www.unitedlawgroup.com

    Divided we might have fell America, but united we must stand!

    Sincerely,
    johns-wright@hotmail.com

    9:15 PM  
    Anonymous Anonymous said...

    Confusion, lack of concern, overwhelming disorganization, whatever you call it; I have been caught up in a mess and because of it, I may lose my home. It has caused mental stress for my family and myself and continues to be source of great pain to this day. I hope others will read this; maybe you are in the same boat as I am, maybe you are at the beginning stages of the government's home loan modification program! Whatever you do, stay on top of Bank of America and their associates; they say in all of their recordings that they are here to help! See where their help has gotten me over the last year! Read my full story and timeline of events here!

    VISIT MY SITE! http://fightbankofamericaforeclosure.com/index.html

    12:26 PM  
    Blogger mole333 said...

    To Anonymous: best of luck! Hope your situation turns out okay and I hope others read your story and keep away from BofA

    12:41 PM  

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