300 Colorado Homeowners Close Their Accounts at Wells Fargo

[madamesilverspurs]

On Tuesday, over 300 members of the Colorado Progressive Coalition (CPC) went to Wells Fargo — the state’s largest bank — to close their accounts. The mass action was in protest of the bank’s predatory lending habits, along with its refusal to stop foreclosure proceedings after admitting to shady practices like “robo-signing.”


The CPC actions took place right as President Barack Obama announced the broadening of the Home Affordable Refinance Program. That federal housing assistance effort now makes it easier for more homeowners to refinance their properties.

The CPC actions today are part of a week-long event organizers are calling “The Mile High Showdown.” The actions are part of the New Bottom Line, a national campaign that’s looking to “restructure Wall Street” by demanding reforms from three major banks: Wells Fargo, Bank of America and Chase...

read the rest: http://colorlines.com/archives/2011/10/coloradan_home_owners_divest_from_wells_fargo.html

[Robb]

1. Good for them! Amusing story -- when we left WF about a year ago

...the manager that closed our account's only question to us was, blearily, "So. Did we screw you, or what?" :D

[OffWithTheirHeads]

2. Did we screw you or what?

There are no words.

[nilram]

3. I've got to see the doctor. Seems I'm

getting screwed more, but enjoying it less. Damn.