May Day Call for Action Against Wells Fargo's Ongoing Abuses and Corruption

MayDay2014_OFFProtestNotice.jpgFOR IMMEDIATE RELEASE: Wednesday, April 30, 2014
Contact: Carlos Marroquin 323-592-4663

WHAT: #MayDay2014 March to Wells Fargo, 717 W. Olympic Boulevard, Los Angeles to protest the greed, corruption, fraudclosures, and ongoing abuses of Wells Fargo.

WHEN: Thursday, May 1st at 3:00 PM

WHERE: 717 W. Olympic Boulevard, Los Angeles, corner of Olympic & Figueroa

WHY: In solidarity with the National Day of Action against Wells Fargo (held in the end of April) Occupy Fights Foreclosures calls on allies in Southern California to join this #MayDay2014 protest in downtown Los Angeles. If we do not keep taking to the streets, the big banks will be able to convince everybody that things are just fine. We make the banksters uncomfortable when we show up on their doorstep, and it is important to keep the pressure on and let them know we haven’t forgotten their crimes against the people!
Customers are supposed to be served, not strip-mined.

RALLY & PROTEST OUTSIDE WELLS FARGO, MAY 1

Citizens Outraged Over Bank Crimes, Fraud-closures, and Ongoing Corruption

LOS ANGLES, CA – On Thursday, May 1st at 3:00 PM hundreds of outraged homeowner advocates will march to Wells Fargo, 717 W. Olympic Boulevard, Los Angeles to protest the greed, corruption, fraudclosures, and ongoing abuses of Wells Fargo.

In solidarity with the National Day of Action against Wells Fargo (held in the end of April) Occupy Fights Foreclosures calls on allies in Southern California to join this #MayDay2014 protest in downtown Los Angeles. 

As announced at the Occupy Los Angeles General Assembly on April 23, “If we do not keep taking to the streets, the big banks will be able to convince everybody that things are just fine. We make the banksters uncomfortable when we show up on their doorstep, and it is important to keep the pressure on and let them know we haven’t forgotten their crimes against the people!”

In California, people are outraged at the mere $220 million of the nearly $2 billion “Keep Your Home California” funds which have been distributed help homeowners since the program was launched in 2011. America’s largest mortgage servicer also just recently lost the battle to keep its “Wells Fargo Home Mortgage Foreclosure Attorney Procedure Manual” out of New York federal court. The controversial book contains procedures for fabricating foreclosure papers on demand.

Wells Fargo moved their annual general meeting (being held this week) to a secluded resort in San Antonio with a heavy security presence to avoid the protests that have become commonplace at their meetings. In years past, proceedings were interrupted with calls for John Stumpf to be doing jail time for "racist lending." Protesters were escorted out of meetings chiding investors for their predatory crimes against hard-working everyday people. 

Occupy demands delivered to Wells Fargo locations in 20 cities around the country include: stop all foreclosures and evictions, provide reasonable loan modifications that include principal reduction, and stop employing tactics to mislead, harass, and intimidate homeowners.

We must impress upon Wells Fargo that it would be better to work with their customers than hide from them. Let’s tell them we are tired of their shady business practices. Join Occupy Fights Foreclosures and numerous other affinity groups on the corner of Figueroa & Olympic to tell Wells Fargo it is time to come out of the shadows and do the right thing. Customers are supposed to be served, not strip-mined.

Occupy #‎WellsFargo #‎MayDay2014
May 1, 3pm
717 West Olympic Blvd, Los Angeles CA 90015
(Corner of Olympic and Figueroa, across street from Staples Center)
***STAGING AT BROADWAY AND OLYMPIC, 2PM***


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@OFF_LA tweeted this page. 2014-05-01 00:01:09 -0700
Why stay home when you can save a home?
Occupy Fights Foreclosures, affiliated with OccupyLA, stands up against the nationwide foreclosure crisis. We support, educate and empower homeowners at risk to save their homes from fraudulent foreclosure.