Occupy Wall Street Is Planning a 'Move Your Money' Out of Chase Bank Day
Following L.A. resident Kristen Christian's designation of November 5 as "Bank Transfer Day," a day in which she hopes big bank customers will transfer their funds to credit unions, there's a march sponsored by the Occupy Wall Street Labor Committee planned for October 15 at Liberty Plaza. The Facebook event page asks people to "Come Support Chase customers CLOSING their Accounts. Join the Occupy Wall Street Labor Committee MARCH to Chase Bank." The group is assembling at Liberty Plaza at 11 a.m. on Saturday, then marching to a Chase bank, where they will rally.
They list some of the reasons for their discontent with the bank as follows:
Federal taxpayers bailout money Chase received: $94.7 Billion
Chase has laid off 14,00 workers since the bailout
Chase bank uses our money to make their profits, but we don't have to let them.
This isn't the only Occupy event for the day. They write, "This march is part of an entire day of action. One other convergence point is at 1 p.m. in Washington Square Park. Others will be announced soon. All marchers, and supporters will converge on Times Square at 5 p.m."
More than 300 are currently slated to attend, via the event's Facebook page. What will they do, exactly? We've reached out to find out more, though we presume it involves taking money out of accounts, as well as protesting in general.
As for Christian's Bank Transfer Day, 26,318 are "Attending."