Wells Fargo managed to hold its shareholder meeting April 24, but not without difficulty. A protest against the bank’s ongoing part in the foreclosure crisis, investments in the private prison industry, and record of tax dodging brought some 2,000 people to the West Coast Wells Fargo headquarters at 465 California St. for the meeting.
A broad coalition, including more than 180 Wells Fargo shareholders, as well as organized labor, students, immigrant rights advocates, and Occupy protesters, swarmed the building. Many entered the building, and others blocked its entrances and set up a stage on California, turning the block between Montgomery and Sansome into a combination alternative “stakeholders meeting” and block party. Read more »
About 50 gathered for a demonstration April 23 outside the west coast Wells Fargo headquarters on Montgomery and California- and 20 stayed the night- in a plan to “Occupy Wells Fargo” for the bank’s shareholder meeting April 24.
Several organizers from non-profits and community groups aired their complaints about Wells Fargo, including their role in the foreclosure crisis as well as investments in the private prison and coal industries. Read more »
The inside is mainly filled with people organizing, exchanging ideas, and e-mailing and calling contacts from around the city who may be able to provide assistance for the effort. Many are coordinating for a meeting with the Catholic Archdiocese – which owns this former mental health clinic at 888 Turk Street – that is scheduled to take place this afternoon. A delegation from the Interfaith Council of San Francisco and the National Lawyers Guild are also on their way to building to help plan for the meeting.
A head count last night showed there were about 125 people here. Some have left, but many arrived this morning, leaving about 100 at this point. Various rooms in the building have been organized for different purposes including a welcome desk and information center, sleeping quarters, library, and medical clinic.
UPDATE: Representatives of the Archdiocese have made clear that they will not make a decision regarding the building occupation until the morning
OccupySF, along with at least 400 supporters and homeless advocacy groups, have entered a vacant ’building and plan to turn it into a community center. Participants served a free dinner, unrolled sleeping bags and tacked up posters in rooms marked “sleeping quarters” by organizers, and are currently meeting to decide next steps.Read more »
People across the Bay Area joined in the National Day of Action to Defend Public Education March 1, with rallies at Berkeley City Hall, UC Berkeley, Oakland City Hall, SF State, and at the State Building on Golden Gate Ave. Demonstrators at UC Santa Cruz shut down the campus for the day demanding well-funded and quality public education. Read more »
Organizers hope for a big turnout Feb. 25 for the latest protest in a two-year saga to demand a better contract.
Food service workers at Castlewood Country Club were put on lockout on Feb. 25, 2010 when they refused the terms of a contract with the club. The contract stipulated that workers pay $849 per month for health care, a change from the free health care the contract had previously provided. Read more »
The City of Berkeley is considering dropping its contract with Wells Fargo and moving the city's money to a credit union or a smaller community bank. That makes perfect sense -- the Move Your Money Project has been urging individuals to do that, and there's no reason why cities (which are huge customers of banking services) can't do the same.
In fact, San Francisco ought to be next on the list.Read more »
Protesters from the Occupy movement and beyond gathered in front of the Ninth Circuit Court of Appeals in San Francisco on Jan. 20, calling for the adoption of a 28th amendment to the U.S. Constitution aimed at refuting the idea that corporations should have the same rights as people, a legal doctrine know as corporate personhood.Read more »