At least one firefighters union and potentially more could target Wisconsin bank M&I by pulling there money out after the bank supported Governor Scott Walker to the tune of $46,308:
International Association of Fire Fighters Local 311 President Joe Conway Jr. told me two union members marched in and pulled a combined $192,000 dollars out of the bank. “Hopefully this sends a message to the bank,” says Conway.
A senior union researcher estimates that unions have at least $1 billion invested in M&I Bank, mostly through pension funds. Discussions are going on at the highest levels of the labor movement about how exactly to leverage this financial clout in the political debate in Wisconsin.
