Power Plant Protesters
Merrill Lynch & Co., the world's third-largest securities firm, is drawing the scorn of global-warming activists for its role in financing TXU Corp.'s $10 billion plan to build 11 coal-fueled power plants in Texas.
More than a dozen demonstrators costumed as Wall Street financiers - black dress coats, white spats, top hats fashioned from cardboard - congregated outside the entrance to the company's New York City headquarters Tuesday morning and handed leaflets to employees arriving for work. "Merrill Lynch - Banking on Climate Destruction," the leaflets said.
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