People in Wisconsin are pulling their money out of Marshall & Ilsley (M&I) Bank because they know it's been helping their Governor's crusade against public employees and the middle class.
They might also like to know that M&I's executives ran one of the most conspicuous dumping sites for toxic financial waste in the country. And that the same executives are about to get very rich, even though TARP rules supposedly don't allow big bonuses for underwater bankers like the leadership at M&I.
These executives didn't just contribute to Scott Walker's campaign. They also helped the governor avoid the press - and his own constituents - by letting him use their bank's underground tunnel, which leads directly from its parking lot into the Capitol Building in Madison. Using it for this purpose may have been a violation of the bank's own Code of Business Ethics. [See UPDATE below]
That tunnel's not just a convenient way to help a political crony. It's also one heck of a metaphor. more »
Help us spread the word about these important stories...
Bookmark/Search this post with: