Tuesday, August 7, 2012

On going in Burlington: JOIN THE CITIZENS BANK PICKET



On April 29th, the Occupy Burlington General Assembly issued its first demand: that Citizens Bank, a wholly owned subsidiary of the most bailed out bank in the world (RBS) which had recently settled for $137.5 million after being caught defrauding its low income customers, close its downtown branch and leave our city. To make this demand a reality, the local movement has been maintaining pickets four days per week in front of the branch, waving signs, unfurling banners, handing out literature, and encouraging the bank's customers to move their patronage to a cooperative, member-owned credit union. If you'd like to learn more about this campaign and help stick it to one of the world's biggest "Too Big to Fail" banks, join us at the corner of College and St. Paul Streets. They're every Monday, Wednesday, and Friday from 4 to 5 P.M. and on Saturday mornings from 11 until Noon. Citizens Bank is Closing!

Citizens Bank's parent company, RBS, was fined in excess of $200 million for their participation in the LIBOR affair.

"There was plenty of harm and plenty of foul," says Eliot Spitzer.



Photos credit LisaAnn Oberbrunner.

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