[original post 1/27/2010]
We saw their fury throughout 2009: “Capitalism is Dead”, “Kill the Corporation”, “Bust Up Big Banks”, “Greed Kills”, “Bank of America, Bad for America”. The Service Employees International Union (SEIU) led an all-out assault on Wall Street – and on capitalism and corporations – coining words and phrases that have since become common staples in the vocabulary of the bank-bashing craze. That fury hit a fever pitch last March when word of the AIG bonuses went public. It was the SEIU out in front of the protests, at AIG offices, and bussing protestors to the homes of AIG executives.
The months that followed saw more of the same. In April, SEIU hailed the ousting of General Motors CEO Rick Wagoner. That same week, it stepped up its battleplan with the Mother of all Corporate Campaigns against Ken Lewis, Bank of America CEO and Chairman – complete with videos, rolling billboards, smear sites, petition drives, letter campaigns, media blitzes and more, while it placed equal attention on Bank of America, forcing the company to respond with a $40 million image boosting campaign of television and print ads.
Liberty Chick 