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Wall Street Flees Wall Street

Wall Street Flees Wall Street

 

Written by Scott Parkin

Wall Street is scared shitless.

They’d never admit it, but the way the big Wall Street banks are rapidly relocating their annual shareholder meetings from the concrete canyons of Midtown and lower Manhattan this shareholder season to points south, north and west means that fear is not only visible, you can smell it on them like retched dead sea life.

  • JPMorgan Chase moved to Tampa, Florida, home of a new burgeoning police state preparing for rowdy anti-Republican National Convention protests in August.
  • Citibank moved to Dallas, Texas, hardly a bastion of organized progressive or radical populations.
  • Bank of America is bunkering down in Charlotte, NC, home of the other pre-political convention police state.
  • And Goldman Sachs, that giant vampire squid sucking on the face of America? They’ve yet to announce the details of their annual meeting. But odds are they won’t be within walking distance of Zucotti Park.

The return of Occupy Wall Street (OWS) has forced the Masters of the Financial Universe’s hand. Up until three weeks ago, pundits in the corporate media joined the political and business establishment in declaring that OWS was dead. The crackdowns coordinated by the Dept. of Homeland Security had systematically ended occupations from coast to coast. Corporate America was hoping to quietly return to the business of raping and pillaging the American public.

But they don’t get it. OWS was only waiting for the Spring. And spring has sprung!

Now it’s on. Sizable shareholder meeting protests are shaping up in Charlotte and San Francisco.

An important lesson for the banks: Last year, JPMorgan Chase moved its meeting from New York to Columbus, Ohio in an attempt to stem protests. But thousands still turned out in protest at the Chase meeting.

It’s not the location that brings people out, it’s the outrage. And people are pissed at the banks for wrecking the economy, kicking people out of their homes, poisoning communities and blowing up Appalachia’s mountains, while taking home big fat bonus checks and laying off tens of thousands of their own employees. This year, these protests are going to be bigger, bolder and more sophisticated in their strategies and tactics.

Watch out Wall Street: You can run, but you can’t hide.

This post was originally published by Rainforest Action Network.

 

 

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Photo from Phil Photostream via flickr

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26 comments

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12:36PM PST on Feb 7, 2013

Bring it on......OWS SRING......get out the pup tents and get to work.

11:10AM PDT on Nov 3, 2012

The big banks want to run and hide and pretend everything is wonderful and that they do not have to take responsibility for the wrongs that they have caused. I am glad that their attempts have so far failed, because they clearly underestimate the people and the outrage of how their actions have totally ruined the lives of so many.

4:02AM PDT on Nov 2, 2012

Do some research and then BOYCOTT THE BAS****s.
They will listen to us soon.....
Try for GREEN LIVING as much as you can.
Turn stuff off, cut your bills too that way.
Invest in Green if you can afford it.
Form a cooperative for buying in bulk etc

10:41PM PDT on Apr 14, 2012

You can run, but you can't hide from "Occupy"!

2:30AM PDT on Apr 14, 2012

I can only see benefit from moving out!

7:08PM PDT on Apr 13, 2012

these compnies are admitting the guilt of ripping off American citizens by hiding .what a way for so called powerful companies to show what a bunch of chickenshit bitches they really are!

4:01PM PDT on Apr 13, 2012

Ha ha, congradulations to all the people who've forced them out of Wall Street! It's disappoint that the prepatrators of so many finical crimes are still free, but I know the good fight isn't over yet.

2:28PM PDT on Apr 13, 2012

Who would have ever thought 1% would be greater than 99%? I would like to see the pie chart.

2:26PM PDT on Apr 13, 2012

What truly amazes to me and is mind boggling that there aren't more supporters of OWS. Except for the 1% everyone was negatively affected by the banks. I guess no republino lost his job, house, or money because of the banks. Oh, that's right, I forgot, republinos blame President Obama for all the ills of the world, banks had nothing to do with anything.

1:43PM PDT on Apr 13, 2012

WOOHOO!!!! Run you little bastards, but YOU CANT HIDE!!!!

(I was told by a family member that OWS is made up of LAZY LOSER LIBERALS. Yes, shes a catholic republican and listens to talk radio programs.) so sad

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