Occupy Protestors Convince City Of Buffalo To Move Its Money From JP Morgan

The Buffalo News reports that Occupy Buffalo protesters have convinced city officials to move $45 million out of an account with JP Morgan Chase, and to transfer the money to First Niagara Financial Group.

“Not only will the funds earn more interest with First Niagara, a major local employer headquartered in Buffalo, but it also sends a crystal-clear message to JPMorgan Chase that the City of Buffalo is not happy with their business practices,” said city comptroller Mark Schroeder said.

Activists have convinced leaders of several cities and churches to move their money from the nation’s biggest banks to smaller community banks.

Source

Sooo....

We went food shopping and bought some food for the people at Occupy Buffalo but then we ran out of time and couldn’t bring it down there.

Hopefully we can get it to them tomorrow…

If we don’t get it there it’s just going to sit here. I will never need this many beans.

#buffalo problems

The first meeting of Occupy Buffalo is this Saturday, Oct. 1 at 2pm in Niagara Square.

Thank you sweetcalamity for bringing this news to my attention!

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“Not only will the funds earn more interest with First Niagara, a major local employer headquartered in Buffalo, but it also sends a crystal-clear message to JPMorgan Chase that the City of Buffalo is not happy with their business practices,” said city comptroller Mark Schroeder.

Activists have convinced leaders of several cities and churches to move their money from the nation’s biggest banks to smaller community banks.