Chaos at Chevron Shareholder Meeting

Stripes, as the boys down at the crime lab like to call Chevron Inc, is the fifth largest corporation in the world.

The Stripes legal team is in the jungle these days, rotting with duplicity, as the gigantic Ecuadorian oil spill court case toils on. You assume that money is being discussed. What will it take to buy them off, the cancer victims. What is the value of permanently fouled jungle pits and ruined water in one of humanity's biological treasure houses, in a place where to them it was just a bunch of trees in the way, where they dozered and drilled and pumped and dumped 16 billion gallons of oily water way beyond even Texas' standards, yeehaw into the formerly pristine Amazon Jungle.

Activists at the True Costs of Chevron Network, who organized the protest through Global Exchange are rallying today at Chevron's shareholder meeting, trying to bring the message of this environmental crime to the stakeholders.

bob zimway's diary :: ::
Press Release courtesy of Amazon Watch

Houston, TX (May 27, 2010) – Chevron’s annual shareholder meeting erupted in chaos today after CEO John Watson received a stern rebuke from shareholders for its Ecuador environmental disaster and a 71-year-old Ecuadorian woman said the company was responsible for an environmental atrocity in the rainforest that cost her two children and was devastating the lives of thousands of people.

Chevron’s management also seemed to panic during the meeting when they summoned the Houston police to arrest noted author and Chevron critic Antonia Juhasz when she confronted Watson over Chevron’s environmental record. Four other individuals – all well-known critics of the company – also were also arrested when they were refused entry despite having proxies from shareholders.

"Chevron’s Watson lost control of the meeting and it degenerated into chaos and ended abruptly," said Maria Ramos, an organizer with the Rainforest Action Network, a San Francisco-based group that has been campaigning against the company. "It was obvious that Watson has very thin skin when it comes to Chevron’s critics."
In all, only seven of the 27 persons with proxies that were brought by the environmental groups were allowed to enter the meeting – possibly an "illegal act" that violates SEC regulations, said Ramos. Chevron selectively enforced various proxy rules to keep critics out of the meeting, Ramos said.

http://www.dailykos.com/storyonly/2010/5/27/870164/-Chaos-at-Chevron-Shareholder-Meeting

Grunch of Giants.