Thursday, February 26, 2009

Teamsters Furious Over Support of Scab Supporting KeyBank

The Teamsters released a scathing press release today about Cleveland based KeyBank highlighting the fact they are giving loans to Oak Harbor Freight Lines who are in the midst of long strike with their membership.

The union stated that Key has violated federal labor laws and international labor standards and are taking out advertisements on RTA buses to get the situation in the public eye. The message on the buses will read "KeyBank: Takes Our Money; Wastes Our Taxes; Hurts our Kids".

"KeyBank is receiving $2.5 billion in TARP funds from taxpayers," said Al Hobart, Teamsters International Vice President and President of Joint Council 28. "KeyBank was given this money under the condition that it act in the public interest. But its practices of predatory lending to students, lobbying and tax evasion, along with the financing of Oak Harbor Freight Lines, have had severely negative effects on American workers and their families."

The Teamsters have also www.KeyBankFundsMisery.com which showcases their dissatisfaction with the bank.

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