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From the Open-Publishing Newswire
Mon Jun 28 2010Chase Bank Target of Environmentalist Action in Palo Alto
Mon Jun 28 2010Demonstrators Say Big Banks Have Close Ties to Big Oil
Street theater activists portraying British Petroleum and Chase Bank as being "too chummy" drew the attention of bank customers and foot traffic at a demonstration in Palo Alto on June 26th. Demonstrators encouraged customers to move their money to community banks or credit unions, telling passersby that not only did Chase take bailout money as a "too big to fail" institution, but that it is the chief depository bank for British Petroleum. The protesters sang songs and held signs pointing out that JP Morgan Chase got $25 billion in government bailout money and they grease the wheels for BP.
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