LOS ANGELES, November 5, 20011 - Saturday morning, fifty fours stories down from the top floor at the Wells Fargo skyscraper, a vigorous crowd protested and marched through the banking district of downtown Los Angeles. The protest was part of a nationwide day of action called "Bank Transfer Day". A coordinated action to move funds from large multi-national institutions to credit unions and smaller community banks.
Kristen Christian is a Los Angles Gallery owner and former B of A customer who started the revolt on her facebook page. Her page that states the case for using credit unions and small non investment banks while punishing the larger banks for their behavior since 2008 and before. She originally sent the her page out to 500 friends and now has 28,000 nationwide supporters. Some demonstrators cut up their credit cards in protest. Reports from the newswire:
Occupy Los Angeles Marches for Bank Transfer Day, set 1 | Set 2 | Set 3 by Robert Stuart Lowden
VIDEO: Occupy LA Occupies California Plaza on November 5th by Kevin Lynn
Bank Transfer Day: Accounts Closed, Money Transferred, Credit Cards Destroyed.