The Call to Boycott Morgan Stanley for Higher Chicago Parking Meters : Joint Venture Leads to Rage

The Examiner reports:

The Chicago Tribune reports today that city parking meters are set to rise (yet again) next week. That means that, come Monday, parking for an hour in the loop will run you $4.25. Ouch.

If you are angry enough to take action, I have a suggestion for you. No, I am not advocating taking a sledgehammer to a frozen parking payment kiosk (you're on your own there). Strike back at the heart of the enemy.

The Tribune coyly identifies the private company that purchased the rights to collect parking fees for the next 75 years as "Chicago Parking Meters LLC." But a few clicks of the mouse reveals that the parent company of this decoy entity is actually mega-investment bank Morgan Stanley.

Right. So, if you wish to take a stand against the rape and pillage of ordinary Chicago car-owners you have a very straightforward option: close any accounts you have with Morgan Stanley and transfer them to a rival service provider. Be sure to inform Morgan Stanley why you are withdrawing your business.

Wouldn't you know, Mayor Daley's nephew works for Morgan Stanley. That's the Chicago Way.