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Reportback on the Dirty Money Campign leading up the April 25th Wells Fargo AGM
For over the past week, Rainforest Action network, along with our friends and allies in San Francisco and around the country, have been turning up the heat on Wells Fargo's in a build up to their Annual Shareholders Meeting that happened right here in San Francisco on April 25th.
Beginning on April 17th, we began over a week's worth of actions and campaigning against Wells Fargo. It started with a postering campaign that put up thousands of posters with an image of Wells CEO Dick Kovacevich and examples of dirty money investments around the San Francisco Bay Area.
Then on Earth Day, April 22nd, we had a good amount of hootin' and hollerin' outside of 6 different Wells Fargo branches in Texas and California. These locally organized actions, in Austin, Berkeley, Dallas-Ft Worth, San Francisco, Santa Cruz and Walnut Creek, California, shared information with Wells Fargo customers, employees and folks just walking down the street and put Wells Fargo on notice that it's time to get on the wagon to environmental and social responsibility.
Amidst all this campaigning, Vanity Fair published their first ever "Green Issue" that included an article that profiled notorious coal company, and Wells Fargo client, Massey Energy. In rural Appalachia, our allies in the struggle for mountain justice also let their communities know about Wells Fargo's ties to Massey Energy.
Finally on Tuesday, April 25th, concerned citizens formed a moving picket line in front of Stanford Court Hotel in San Francisco's Nob Hill District to protest the Wells Fargo annual shareholders meeting. It was a multi-racial multi-generational group organized by the Association of Community Organizations for Reform Now! (ACORN), the Gray Panthers, Rainforest Action Network and the Senior Action Network that incorporated colorful art, creative street theater and lots of noise.
Inside the shareholder's meeting, activists from RAN's Global Finance Campaign joined with representatives from ACORN, SEIU and other socially responsible investors in engaging with CEO Richard Kovacevich about his company's social and environmental policies.
Check out the press release, the video and the pictures from outside the shareholder's meeting.
Then on Earth Day, April 22nd, we had a good amount of hootin' and hollerin' outside of 6 different Wells Fargo branches in Texas and California. These locally organized actions, in Austin, Berkeley, Dallas-Ft Worth, San Francisco, Santa Cruz and Walnut Creek, California, shared information with Wells Fargo customers, employees and folks just walking down the street and put Wells Fargo on notice that it's time to get on the wagon to environmental and social responsibility.
Amidst all this campaigning, Vanity Fair published their first ever "Green Issue" that included an article that profiled notorious coal company, and Wells Fargo client, Massey Energy. In rural Appalachia, our allies in the struggle for mountain justice also let their communities know about Wells Fargo's ties to Massey Energy.
Finally on Tuesday, April 25th, concerned citizens formed a moving picket line in front of Stanford Court Hotel in San Francisco's Nob Hill District to protest the Wells Fargo annual shareholders meeting. It was a multi-racial multi-generational group organized by the Association of Community Organizations for Reform Now! (ACORN), the Gray Panthers, Rainforest Action Network and the Senior Action Network that incorporated colorful art, creative street theater and lots of noise.
Inside the shareholder's meeting, activists from RAN's Global Finance Campaign joined with representatives from ACORN, SEIU and other socially responsible investors in engaging with CEO Richard Kovacevich about his company's social and environmental policies.
Check out the press release, the video and the pictures from outside the shareholder's meeting.
For more information:
http://www.dirtymoney.org
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Will Rainforest Action point out that Wells Fargo rents planes to the CIA for "extraordinary renditions"? doubtful ,cause RAN too has been bought off by the Rockefellers: they claim that Citicorp, Chase and Bank of America are "leaders in social and environmental responsibility", because these banks have signed a declaration drafted by RAN. If these banks wanted the wars to end , the wars would end.
If you want wars to end, why not push Peace Action, A.N.S.W.E.R or United for Peace and Justice to campaign against big banks to defund war profiteers? Or Code Pink or Global Exchange? Better yet for your own group and target large financial institutions? Why is an organization that is obviously campaigns on environmental issues responsible for stopping wars?
So one shouldn't criticize environmental groups who certify Banks as "leaders in the industry in Social and Environmental responsibility", when the same banks own exxon, chevron etc and are the principle movers behind the wars? If there are any real activists in RAN they may realize their hypocrisy if it is pointed out. If they are just fundraisers, of course they will become greenwashers for the banks, and people reading their "Dirty Money" website will think that these banks are a "clean" guiltfree place to invest. One shouldnt have to point out the direct connections between war and environmental destruction, but people like the above commentator make it a neccessity. This is really a nobrainer.
am still waiting for the revolution to sweep into the global north and abolish the banks financing environmental destruction, war and oil addiction. all the while the global south and the climate suffers now, RAN has worked pretty well at relieving that suffering. what have you done?
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