Bank of America Protest in Poughkeepsie!

Thanks you to Betty Olson who hosted this gathering and to all who came to express their outrage at the illegal, unfair and immoral practices of the Bank of America.

We protested in solidarity with hundreds who converged on Bank of America headquarters in Charlotte, NC for their annual shareholder meeting. Actions happened at Bank of America branches all over the country. This one was organized by the Ulster County MoveOn Council.

The article referenced in the video can be seen in its entirety here- after reading it, all you can do is scream "Hold the banksters accountable!" After the Savings and Loan scandal almost 1,000 bankers went to jail. It needs to happen this time too, or we are just creating conditions for another and much worse economic collapse.

"Bank of America has systematically ripped off almost everyone with whom it has a significant business relationship, cheating investors, insurers, depositors, homeowners, shareholders, pensioners and taxpayers. It brought tens of thousands of Americans to foreclosure court using bogus, "robo-signed" evidence – a type of mass perjury that it helped pioneer. It hawked worthless mortgages to dozens of unions and state pension funds, draining them of hundreds of millions in value. And when it wasn't ripping off workers and pensioners, it was helping to push insurance giants like AMBAC into bankruptcy by fraudulently inducing them to spend hundreds of millions insuring those same worthless mortgages."

Read more: http://www.rollingstone.com/politics/news/bank-of-america-too-crooked-to-fail-20120314#ixzz1uakydbWy

AND tell the president that 55 investigators are NOT enough- Based on other investigations and the scope of these crimes we need 20 times that- http://act.credoaction.com/campaign/fraud_task_force/ 




Many thanks to Peter Olson, Betty's husband, for these photos from the day!