Occupy Wall Streets launches FightBAC Campaign to Foreclose on Bank of America

FOR IMMEDIATE RELEASE: March 15, 2012
Contact: press@occupywallst.org, 347 292 1444
For this action only: fightbac@riseup.net, 646.387.6797

OWS launches FightBAC campaign to say, “Hey BofA, we’re moving in.”

New York–Today, we will move our money, put our bodies on the line and bring Bank of America’s (BAC) crimes to light; we are ready to FightBAC. Starting today and continuing on the 15th of every month, Americans will “foreclose” on branches across the country–from Long Beach, CA to Phoenix, AZ all the way to Sarasota, FL (for a full list of actions see  http://fthebanks.org/bank-actions/action-map)–and take back what is rightfully ours: our homes. People will bring chairs, beds, potted plants, and other symbols of their Bank of America-funded broken homes into bank branches. The youtube of the first FightBAC action has 55k views in just over 24 hours bit.ly/livingrooming

When: Thursday, March 15, 3pm
Where: Gathering at Pumphouse Park, located behind 4 World Financial Center (followed by a march)

A group of Occupiers have taken up the charge and launched FightBAC, to do something about Bank of Americas crimes and its threat to the economy. Today they kick off a research/public education/direct action campaign in order to expose an accounting of Bank of America’s assets, and push that the corrupt, government-funded institution be broken up into smaller, more accountable, more transparent banks.

“Like Wall Street, Bank of America servers the 1%, and is a ubiquitous part of an unaccountable financial system that puts profits above people. Its criminal greed has it poised on the brink of a Lehman-like melt down. We need to stop it before its crashes the entire global economy. We must break up this bank and demand justice for its crimes” said Mcnair Scott an organizer with the FightBAC campaign.

Bank of America would be bankrupt if the government were not keeping it on life support.The recent series of settlements, increasingly complicated and unprecedented special legislative and regulatory protections, and the ongoing stream of free money in the form of near 0% loans from the Federal Reserve all point to an institution that is being bailed out, every single day.  The problem is that while Bank of America remains a private institution, its only responsibility is to its shareholders, not the taxpayers that it is putting at risk on a daily basis.

Campaign Site: fthebanks.org | Campaign Videos: bit.ly/livingrooming, http://vimeo.com/fthebanks | Facebook Event: http://bit.ly/fightbac-m15

Occupy Wall Street is part of an international people powered movement fighting for economic justice in the face of neoliberal economic practices, the crimes of Wall Street, and a government controlled by monied interests. #OWS is the 99% organizing to end the tyranny of the 1%. For more info www.occupywallst.org and www.nycga.net
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