Corporate foundations have given millions to the Boy Scouts of America and its subdivisions in recent years despite that organization’s policy of excluding gays and lesbians. Many of those same foundations have policies against giving to organizations that discriminate based on sexual orientation.
A couple of dozen people gather on a busy downtown street with signs and bullhorns, and the question that bystanders and reporters alike want to ask is always the same: “What do you want to accomplish?”
Calling themselves “giant killers” the Colorado Progressive Coalition (CPC) announced a campaign of “organized chaos” against Wells Fargo Thursday morning for what the group said were the bank’s predatory practices and illegal foreclosures.
As Colorado lawmakers wrangle over whether or not to regulate “payday loans” in the state, national mainstream banks are increasingly offering similar products– short-term, high-interest loans secured by a pending paycheck. That’s a bad thing, according to a consumer group that called on the Office of the Comptroller of the Currency to stop the practice.
DENVER– Roughly 200 people gathered in front of the Wells Fargo “Cash Register” building downtown here Wednesday to protest “too big to fail” banks in general and Wells Fargo in particular– financial institutions that outrageously mismanaged depositor savings and fueled the global economic crisis last year. The banks received taxpayer bailout funds to the tune of $700 billion, which they used at first to stay afloat but ultimately to increase profits and even lobby lawmakers to vote against consumer protections. Protesters took turns withdrawing their Wells Fargo savings.
The top eight spenders in the financial industry spent nearly $30 million to lobby Capitol Hill last year, according to Nathaniel Popper of the Los Angeles Times — a 13 percent increase from 2008. That uptick was fueled…
Memphis city officials have filed a lawsuit charging mortgage-loan giant Wells Fargo with discrimination. The New York Times reports:
The lawsuit, filed in federal court in Tennessee, marshaled a raft of statistics to argue that Wells Fargo offered
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Could Congresswoman Markey’s angry letters to credit card companies do more good than her legislation?
U.S. Congresswoman Betsy Markey, a Democrat from the Fourth District, led a group of 42 members of the House in sending an angry…
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MILLIONAIRE GRASSROOTS ACTION: “These aren’t just some organizations that these guys gave money to. They run them…!” The “grassroots” efforts to defeat health care reform are scary. They’re terrifying Glenn Beck.
WASHPO WOES:…
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