Amy Goodman
@DemocracyNow·3.2M subscribers·19.4K videos
Move Your Money Campaign Grows to Divest From Big Banks & Support Local Banks, Credit Unions
Posted
November 1, 2011
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November 1, 2011
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6:47Now Playingwww.democracynow.org -As participants in the Occupy Wall Street movement continue protesting the record profits made by banks bailed out by taxpayer money, a group of grassroots activists are hitting America's largest banks — including JP Morgan Chase, Bank of America and Wells Fargo — where it hurts most: The wallet. Dubbing this Saturday, Nov. 5 as "Bank Transfer Day," activists are urging people to move their money out of the banks deemed "to big to fail" in to local community banks and credit unions. Bank Transfer Day draws on an idea popularized by filmmaker Eugene Jarecki, economist Rob Johnson and columnist Arianna Huffington, among others. In 2010, they created the short film called, "Move Your Money," which became a viral sensation. Democracy Now! speaks with filmmaker Eugene Jarecki.
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