Friday, September 24, 2010

UAW and religious leaders plan to pull millions of dollars from JP Morgan Chase

UAW and religious leaders plan to pull millions of dollars from JP Morgan Chase: "UAW and religious leaders are expected to announce Friday they will withdraw hundreds of millions of dollars from JPMorgan Chase.

The move is to protest the bank's refusal to declare a two-year moratorium on foreclosures in Michigan and� not engaging in negotiations with the farmers union over wages and working conditions in North Carolina.

Demonstrators started protesting against the bank in June over foreclosures.

On Friday UAW President Bob King is expected to announce he will remove all of the union's funds from Chase."

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