Banking on Justice: Laboring in the Financial Sector

Categories:
program: 
Labor Radio
program date: 
Sun, 05/10/2009

Co-hosts Al Bradbury and Deborah Schwartz bring you a Membership Drive special on labor in the financial sector.  Banks get bailed out and workers get left out!  As our economy spiraled out of control, the eight Big Banks received a total of $125 Billion in taxpayer funds.  Bank CEOs got bonuses even as many banks amped up lobbying against the Employee Free Choice Act.  But in our discussion of the financial crisis, front-line bank workers are often left out of the conversation.  We speak with Rebecca Nay, a former bank employee (and our usual program engineer!), about her experience in the banking industry and gender identity discrimination in the workplace.  We are also joined by Peter Cervantes-Gauschi, co-founder of Enlace, to discuss the "Tax the TARP Subsidy" campaign.  Seven financial holding companies have subsidiaries incorporated in Oregon that received a total of over $105 billion from TARP.   What would a TARP Subsidy tax look like in Oregon?  How do we demand justice from banks?

 

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