SEIU members among Minnesotans at Wells Fargo shareholders meeting in San Francisco to press for economic justice

San Francisco Wells Fargo & Co. braced for revolts at its annual shareholder meeting this week as well as outside in the streets of San Francisco. Demonstrators from around the country poured into town to complain about its lofty executive pay, alleged disregard for troubled homeowners and a host of other issues.

Eight Minnesotans, including two SEIU members, from varying walks of life traveled to San Francisco to participate in the Wells Fargo shareholders meeting on Tuesday, April 24th. They joined others in San Francisco protesting over the banks’ policies and economic inequality.

Terri Buttleman, a paraprofessional in the West Saint Paul schools, said she is travelling to San Francisco because “I feel it is important for our future and the future of my children to stand up to what is going wrong in our society and help correct it in any way I can. If corporations like Wells Fargo were paying their fair share, school boards would not have to make cuts that hurt the kids who need help to succeed.”

“Our community continues to lose homes. We believed in the American dream, but thousands and thousands of families are falling into poverty and losing what little they had,” said Gerardo Cajamarca, an activist with SEIU Local 26. “What is Wells Fargo’s plan for those communities to recover, and for our families to keep and get back their homes?”

The Minnesotans who obtained Wells Fargo shares, or proxies, to attend the meeting say they want Wells Fargo to pay its fair share of taxes, do more to help fix the foreclosure crisis, cease contributions to anti-immigrant politicians, and divest from corporations that profit from mass incarceration of immigrants.

Wells Fargo has received $17.96 billion in tax breaks over the last three years according to a study by the non-partisan research group Citizens for Tax Justice.

Read more here

The St. Paul-based non-profit Minnesotans for a Fair Economy helped coordinate the work of community, faith, and labor activists speaking out at both shareholders meetings. The coalition also released a report on April 16th taking Wells Fargo and US Bank to task for predatory, payday lending-style short-term loans.

New articles about 99% actions from around the country
http://www.huffingtonpost.com/2012/04/23/ninety-nine-percent-power_n_1446605.html
Ninety-Nine Percent Power: Activists Ready To Crash Wells Fargo, General Electric Shareholder Meetings
Huffington Post
April 23, 2012

http://blogs.wsj.com/washwire/2012/04/24/liberal-groups-plan-to-protest-at-shareholder-meetings/
Liberal Groups Plan to Protest at Shareholder Meetings
Wall Street Journal
April 24, 2012

http://blogs.wsj.com/deals/2012/04/23/wells-fargo-expects-big-protests-at-annual-meeting/
Wells Fargo Expects Big Protest at Annual Meeting
Wall Street Journal
April 23, 2012

http://www.nytimes.com/2012/04/24/us/politics/occupy-movement-prepares-for-democratic-convention.html?_r=2
Occupy Movement Looks Toward Political Conventions
New York Times
April 24, 2012

http://www.bizjournals.com/bizjournals/washingtonbureau/2012/04/20/anti-corporate-protesters-to-disrupt.html
The 99% Spring anti-corporate protesters to disrupt shareholder meetings
The Business Journals
April 20, 2012

http://www.foxbusiness.com/news/2012/04/23/protesters-take-aim-at-wells-fargo-annual-shareholder-meeting/
Protesters Take Aim At Wells Fargo’s Annual Shareholder Meeting
Fox Business
April 23, 2012

http://www.techflash.com/seattle/2012/04/the-99-spring-anti-corporate.html
The 99% Spring protesters to disrupt shareholder meetings of Amazon, others
TechFlash
April 23, 2012

http://www.yesmagazine.org/people-power/occupy-the-99-percent-spring-and-the-new-age-of-direct-action
Occupy, the 99% Spring, and the New Age of Direct Action
Yes!
April 23, 2012

California

http://www.latimes.com/business/money/fi-mo-wells-fargo-protest-20120423,0,4763561.story
Protesters target Wells Fargo annual shareholder meeting
Los Angeles Times
April 24, 2012
Wells Fargo braces for contentious annual meeting
Sacramento Business Journal
April 23, 2012
http://www.bizjournals.com/sanfrancisco/blog/2012/04/wells-fargo-occupy-protest-san-francisco.html
Occupy protesters at Wells Fargo’s San Francisco headquarters voice their outrage
San Francisco Business Times
April 23, 2012

http://www.bizjournals.com/sanfrancisco/blog/2012/04/wells-fargo-occupy-protests-foreclosures.html
Wells Faro faces day of protests
San Francisco Business Times
April 23, 2012

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/04/21/BA281O6QF2.DTL
Occupy factions, divided in tactics, to start anew
San Francisco Chronicle
April 22, 2012

http://www.sfbg.com/politics/2012/04/24/activists-demonstrate-spend-night-outside-wells-fargo
Activists demonstrate, spend the night outside Wells Fargo
San Francisco Bay Guardian
April 24, 2012

http://blogs.sfweekly.com/thesnitch/2012/04/occupysf_plans_wells_fargo_99_percent.php
Occupy SF Plans to Take Over Wells Fargo without Getting Arrested
SF Weekly
April 23, 2012

http://blogs.kqed.org/newsfix/2012/04/24/wells-fargo-protest-san-francisco/
Protesters to Converge on Wells Fargo Shareholder Meeting Today
KQED
April 24, 2012

Illinois

http://gapersblock.com/mechanics/2012/04/24/chicago-activist-to-protest-ge-in-detroit/
Chicago Activist to Protest GE in Detroit
Gapers Block
April 24, 2012

Michigan

http://www.detroitnews.com/article/20120424/BIZ/204240397/GE-CEO-defends-tax-rate-after-protesters-disrupt-speech?odyssey=tab|topnews|text|FRONTPAGE
GE CEO defends tax rate after protesters disrupt speech
Detroit News
April 24, 2012

http://www.freep.com/article/20120424/BUSINESS06/120424035/Jeff-Immelt-GE-Society-of-Automotive-Engineers?odyssey=nav|head
GE Immelt touts technology, engineering as keys to economic rebound
Detroit Free Press
April 24, 2012

http://detroit.cbslocal.com/2012/04/24/protesters-disrupt-auto-innovation-event-tell-ceo-pay-your-fair-share/
Protesters Disrupt Auto Innovation Event, Tell CEO ‘Pay Your Fair Share’
CBS Detroit
April 24, 2012

http://www.detroitnews.com/article/20120423/BIZ/204230432/1361/GE-exec-downplays-planned-protest–touts-850-hires
GE exec downplays planned protest, touts 850 hires
Detroit News
April 23, 2012

http://www.detroitnews.com/article/20120424/AUTO01/204240331/UAW-weighing-GE-protest
UAW weighing GE protest
Detroit News
April 24, 2012

http://www.newstimes.com/news/article/GE-becomes-target-of-rebranded-Occupy-movement-3503572.php
GE becomes target of rebranded Occupy movement
NewsTimes
April 23, 2012

http://detroit.cbslocal.com/2012/04/23/citizens-protest-ge-corporate-tax-breaks/
Citizens Protest GE, Corporate Tax Breaks
CBS Detroit
April 23, 2012

http://www.topsecretwriters.com/2012/04/detroit-residents-rally-billionaire-matty-moroun-to-pay-fair-taxes/
Detroit Residents Rally Billionaire Matty Moroun to Pay Fair Taxes
Top Secret Writers
April 22, 2012

Oregon

http://www.publicnewsservice.org/index.php?/content/article/26014-1
Oregonians Prepare for Summer of Protests
Public News Service
April 23, 2012

http://www.examiner.com/article/stakeholders-meetings-a-place-to-shine-light-on-dodgy-bank-behavior
Stockholders meetings a place to shine light on dodgy bank behavior
Examiner
April 23, 2012

Pennsylvania

http://www.post-gazette.com/stories/local/region/occupy-movement-helps-to-spur-nationwide-coalition-632565/
‘Occupy’ movement helps to spur nationwide coalition
Pittsburgh Post-Gazette
April 22, 2012

http://www.bizjournals.com/sacramento/blog/morning-roundup/2012/04/wells-fargo-braces-for-contentious-meeti.html
Did you like this? Share it:

Comments are closed.