WellPoint executives hemmed and hawed at questions pertaining to political spending at Wednesday’s annual shareholders’ meeting. Health plan members and union leaders, who represent members with WellPoint health insurance, wanted to ask CEO Angela Braly why the company spends money to influence policy that contradicts their business model. Outside a group of people wearing white jumpsuits labeled “WellPoint cleanup crew” took care of the...
“Bank of America, Bad for America” went the chant of protesters outside of the Charlotte headquarters with a large ball and chain marked with the word “DEBT” sitting it the background. Meanwhile shareholders piled into the annual meeting that serves as a formality of transparency for publicly traded companies . Unlike previous years, executives experienced something more than formality as people armed with shares...
A new front of activism seems to have taken hold in recent weeks. Grassroots organizations that traditionally advocate for legislative goals and hold newsworthy protests in front of tax dodging corporations. Lately, the organizations teamed up to confront the global one percent on their own turf: during the annual shareholder meetings. Faith leaders took the frontline at General Electric and a couple other meetings...