Read why, here:
http://www.yesmagazine.org/issues/new-livelihoods/how-state-banks-bring-the-money-homeutm_source=oct11&utm_medium=yesemail&utm_content=subs&utm_campaign=StateBanks
Yes, you can hurt them. Read this article and realize that your community needs your dollars. Take action if you have your money in one of the six Too-Big-To-Fail banks: Wells Fargo, Citi Group, Bank of America, Goldman Sachs, JP Morgan Chase, and Morgan Stanley. Bring your dollars "home" to your community and put them to work locally.
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We've always banked locally and for the past 20-some years have banked with our local credit union. One interesting consequence of the globalization/consolidation of banks has been the proliferation of small, local banks. The phenomenon appears to be repeating itself with microbreweries. Jim
ReplyDeleteCatching up with your posts -- who says you have to go to NYC to be an activist!
ReplyDeleteThere's lots of good stuff on the Internet -- such interesting times. . .