Occupy Wall Street supporters have selected tomorrow, Nov. 5, as "International Bank Transfer Day," urging customers to abandon big banks and shift their money to local institutions or credit unions as a sign of their displeasure in the corporate banking structure.
What's behind all this? The banks' audacity in accepting bailouts from the government (that's us), then raising fees on customers (that's us, too).
Who wouldn't be pissed?
People talk about politicians being out of touch with the real world "outside the Beltway," but the banking industry seems to have done the near impossible - demonstrated itself to be even more clueless than Congress. Those who talk about trying to run government like a business should take note: Businesses don't always know best.
http://www.theprovocation.net/2011/11/wall-street-banks-on-customers-to-be.html