Bank Action In San Francisco!
Thursday, 01 April 2010 11:01

WellsThe time is NOW to hold big banks accountable for their role in the economic crisis.  Come out to the biggest bank protest of the year at Wells Fargo's Shareholders meeting in San Francisco!

Hold Wells Fargo Accountable -  Tuesday April 27th from 12p-2pm.

12:00 Meet at Justin Herman Plaza for the march (near Embarcadero Bart station)    

1:00pm Rally at 465 California St. (3 minute walk from Montgomery BART station)

Meet at the CJJC Office to bus over with us - 3463 San Pablo Ave (Please RSVP to reserve your spot)

Contact Robbie for more information and to RSVP, ( This e-mail address is being protected from spambots. You need JavaScript enabled to view it , (510) 763-5877 x309)

Wells Fargo is a profit making machine and among one of the biggest culprits in this current economic crisis.  After they received more that $36.9 BILLION in taxpayers bailout money, Wells Fargo CEO John Stumpf received more than $21.3 MILLION IN BONUSES IN 2009!

The foreclosure crisis has caused a loss of more than $93 Billion in Black wealth since 2007 and Wells is well known for their discriminatory practices, specifically targeting Black communities, Black churches and paying high incentives for loan officers to sell bad loan products to poor and working class communities.  Wells is responsible for 15% of the foreclosures in Oakland and 13% of SF foreclosures - they cheat borrowers, harass tenants and have blighted our communities - It's time for us to come together to demand real accountability from the grassroots up!

This is a broad based coalition of labor, faith and community organizations uniting to demand the following:
·      Keep families in their homes
·      Invest in our neighborhoods
·      Invest in creating jobs
·      Stop disrupting democracy, and
·      Start reporting - track and make publicly accessible foreclosure, loan modification and lending information

Please stand with us in this march and rally!

Hold Big Banks Accountable Coalition: AFL-CIO, Alameda Labor Council, Alliance of Californians for Community Empowerment, California Labor Federation, California Reinvestment Coalition, Causa Justa/Just Cause, Contra Costa Interfaith Supporting Community Organization, Contra Costa Labor Council, Jobs with Justice (SF Chapter), North Bay Labor Council, Napa Solano Labor Council, PICO National Network, Sacramento Labor Council, San Francisco Labor Council, SEIU, SEIU Locals 1000, 1021 and 1877, South Bay Labor Council, Tenants Together, United Health Care Workers West, Workers United, Paul Wellstone Democratic Club in Alameda County, SEIU USWW

 
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