Big Banks Refuse to Let People Close Accounts
October 16, 2011
Big Banks Try to Stop Customers From Moving Their Money
I’ve long supported the campaign to “Move Your Money” from the giant, insolvent banks who take billions in bailouts and use the money to speculate and to corrupt the system to smaller banks. See this and this.
The Occupy Wall Street protesters have announced that November 5th is “Bank Transfer Day”, a targeted day to “Move Your Money”.
The big banks are trying to preempt the efforts of their customers to move their money to smaller banks.
This week, protesters were arrested when they tried to close their Citibank accounts: