Face-off at Wells Fargo headquarters: San Francisco Today

[Sequoia]

a press release I received. Marching backwards!

Breaking News:
Wednesday, October 5, 2005

Contact:
Brianna Cayo Cotter, Rainforest Action Network, [phone]

“Financial Face-off” At High Noon Today
Activists to Wells Fargo: “It’s time get on global warming wagon and ‘giddyup’ on other urgent issues!”

San Francisco – At high noon today in San Francisco’s financial district, a posse of Bay Area progressives will hold a colorful showdown at Wells Fargo (NYSE: WFC) headquarters to call attention to America’s most backwards bank. Activists decked out in wild western wear will then march backwards down Montgomery gulch with banners reading “Lootin’ & Pollutin’ since 1852” to protest the bank’s antiquated practices and products and call for less PR and more progress on a range of urgent environmental and social issues.

Who
Cowgirls and cowboys with a conscience

What
Financial face-off and backwards march

When
High noon today, Wednesday, October 5

Where
Face-off at Wells Fargo headquarters, corner of California and Montgomery
Backwards march down Montgomery Street

Despite repeated requests from citizen action groups, Wells Fargo has refused to meet new industry best practices recently set by Bank of America, Citigroup and JPMorgan Chase. Instead, in a move straight of the book “Managing Activism: A Guide to Dealing with Activists and Pressure Groups,” the bank recently responded by launching a public relations campaign to promote a “10-Point Environmental Commitment” that makes no mention of global warming, endangered ecosystems or human rights. With $435 billion in assets and over 23 million customers, Wells Fargo is the largest US-based bank still operating without comprehensive modern guidelines to govern its investment practices and corporate conduct on environmental and social issues.

“It is time for Wells Fargo to stop looting the poor and polluting the planet,” said Dan Firger, an organizer with Rainforest Action Network. “Northern California is the leading edge of American innovation, but when it comes to environmental and social issues, this Bay Area bank is still doing business like it’s 1852. We’re calling on Wells Fargo to fund the future by working with citizen-supported community groups to modernize its out-dated policies, practices and products.”

For more information on Well Fargo, please visit DirtyMoney.org.

[texpatriot2004]

1. Interesting Wells Fargo has always seemed off to me n/t