On April 24th, in solidarity with the protests taking place at the Wells Fargo shareholder meeting in San Francisco, activists from Good Jobs Better Baltimore gathered outside a Wells Fargo in downtown Baltimore to hold the bank accountable for predatory lending, tax dodging, and job cutting.
Carrying signs and handing out leaflets, activists sought to let people know that Wells Fargo needs to become a better corporate citizen.
Customers are tired of being treated like a statistic. While Wells Fargo’s leadership worries about bonuses, dividends, and stock prices, its customers are worried about keeping their homes — or their jobs.
It is a serious situation that demands our attention. According to a recent blog post in the Huffington Post, once again banks are getting “too big to fail.” Banks are also pushing back on regulations that are meant to keep us from falling back into the financial abyss. Unfortunately, they are winning. We have not learned anything from the past several years. It’s the lack of regulation that helped doom AIG and Lehman Brothers. These are not good trends, which makes it all the more important for people to speak out against these policies.