Buffalo Sides With Homeowners, Divests $45 Million from JP Morgan Chase
What an end to Move Our Money Month!
On May 31st, the city of Buffalo announced that it would move the entirety of city funds, some $45 million dollars, to the local First Niagra Bank.
The legislation was successfully initiated in the City Council by Occupy Buffalo to convince the city leadership to side with homeowners and end its relationship with JP Morgan Chase.
Check out additional coverage from New York Communities for Change , below.
Read moreIn Photos: Hundreds Take Action to Divest from Wells Fargo in Minnesota
Right now, hundreds of people have taken to the streets in Minneapolis in support of over one thousand members of the Latino and Somali communities in the city who have pledged to divest from Wells Fargo and US Bank. After hundreds closed their accounts, the demonstrators occupied a major intersection near the banks.
Video From Inside Bank of America Shareholder Meeting and a Timeline of the Action
On Wednesday May 9th, hundreds of people from a broad coalition of workers, seniors, families fighting foreclosure, students, the unemployed, environmentalists, and more converged in Charlotte - the Wall Street of the South - to protest Bank of America’s annual shareholder meeting.
Inside and outside the meeting, the 99% made their presence known. Take a look as we 'mic checked' Bank of America CEO, Brian Moynihan:
Read more
May is Move Our Money Month
Get ready. After a massive day of 99% Power actions on Tax Day from coast to coast, we are quickly heading into the busiest weeks of shareholder season.
On April 24th thousands of clergy, community, student, and labor leaders, environmental activists, and many more will converge on Wells Fargo's shareholder meeting in San Francisco. We'll demand that Wells Fargo commits to principal reduction for homeowners; stops investing in private prisons, payday lenders, and dirty energy; pays its fair share in taxes; and stops buying our democracy.
Click Here to take action in Move Our Money Month!
Read moreCongregations, Labor, Students, Environmentalists, and Community leaders Call on the 99% to Move Our Money During Bank Shareholder Meetings
So many of us in the 99% are struggling to support our families and to climb out from under the weight of massive debt. We worry about the health and economic security of our communities, our country, and our planet.
At the same time, the nation’s biggest banks continue the very same practices that crashed our economy, continue to put a price tag on our democracy and continue to poison our planet.
We have had enough.
This Spring, we’re inviting individuals, organizations, congregations, universities, student groups and neighborhood and community groups to join together for national Move Our Money days of action to coincide with protests at the Wells Fargo shareholder meeting on April 24th and the Bank of America shareholder meeting on May 9th.
Download .pdf of Call to Action
Occupy the Dream MLK Celebration Draws 1500 in Chicago
Blog post from IIRON :
1,500 people turned out IIRON’s Occupy the Dream public meeting, celebrating the legacy the Martin Luther King, Jr. by holding elected officials at the state and national level accountable to move to a progressive agenda protecting the interest of the 99%. Leaders also announced an week of action targeting banks that accepted tax payer financed bail-out funds, yet refuse to provide relief to homeowners in foreclosure.
Read moreA New Year's Resolution For Everyone: Move Our Money
Regular exercise. Read more. Eat healthier. All great plans for 2012.
But when it comes to the New Year, there's one resolution that everyone in the 99% should commit to:
Breaking Up With Big Banks
Every year we hear about big bank executives being awarded multi-million dollar bonuses, even as these same big banks crashed the economy. This year, we won't let big banks use our money for these huge bonuses when they could be helping homeowners stay in their homes. That's why it's time to break up with the big banks.
Join thousands of other people in resolving to break up with your big bank in 2012.
Read more
Seattle Passes Responsible Banking Ordinance
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