Monday, June 11, 2012

Big Banks Slam the Brakes on Public Transit - Bob Simpson - Open Salon

Big Banks Slam the Brakes on Public Transit - Bob Simpson - Open Salon: "Dale Burnett stood in the lobby of a Chase bank in downtown Chicago the morning of June 7 and explained why Chase and other big banks need to stop gouging millions from the city’s public transit system. A home care worker who cannot afford a car, Burnett’s job pays her poverty wages and she cannot afford fare increases or service cuts. In contrast, Jamie Dimon, CEO of Chase, has a $23 million compensation package this year. Nationally, 43% of transit riders make under 25,000 annually."

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