Salinas Valley Memorial Hospital Workers to Protest "Questionable Financial Relationship" Between Hospital and Bank President
Written by Rachel Fields | April 06, 2011
Salinas Valley Memorial Hospital employees are planning to protest outside Rabobank headquarters in response to what they call a “questionable financial relationship” between the hospital, the prominent local bank and the bank’s president, according to a Monterey Herald report.
Harry Wardwell, president of Rabobank, serves as treasurer on the Salinas Valley Memorial board. Union officials say Mr. Wardwell has a conflict of interest in his role on the board because the hospital keeps millions of dollars in Rabobank and hosts Rabobank-affiliated ATMs on campus.