Keep the Heat on Schwab
Shame on Charles Schwab
While working families across America are
protesting Charles Schwab's support for Social Security privatization,
the investment firm doesn't seem to be listening. Unlike other finance
companies, Schwab has not dropped its membership in lobbying groups
ready to spend millions to privatize Social Security.
Schwab must be ashamed of its position-as it
should be. Company executives are claiming Schwab hasn't taken a
position on privatization. Shame on Schwab for trying to pass off that
nonsense-Schwab belongs to, funds and even takes leadership roles in
several of the business groups pouring money into the fight to
privatize Social Security. According to published reports, Schwab's
chief investment strategist, Liz Ann Sonders, and Charles Schwab, the
CEO himself, have endorsed privatization.
Take action by faxing a Schwab office near you.
- 186 Financial Services, Insurance and Banking
Related Articles
Tourist visits to the ruins of Machu Picchu, a historic Inca city in the Andes, are a major source of income for Peru. After the government turned over sales of entrance tickets to the site to Joinnus, a private company, an indefinite general strike was declared by local business owners, residents and travel unions. Read More
Moti Group, a business conglomerate based in Johannesburg, tried to stop amaBhungane, a South African investigative news website, from reporting on leaked documents about an allegedly corrupt mining deal in Zimbabwe. A court-issued gag order was overturned on appeal in July 2023.
Read More