News / OWS / Politics

Occupy SF & ACCE Crash Wells Fargo

Photo: Christie Smith, NBCBayArea

The Wells Fargo annual shareholder meeting was Occupy San Francisco’s target this afternoon. Of the several hundred protesters who marched to the bank’s headquarters, a few from Occupy SF managed to get into the meeting, briefly disrupting it.

Via the SF Gate:

One minute after the 1 p.m. meeting on the 15th floor began, a protester stood and began shouting that the bank should pay its “fair share of taxes.” Two women denounced Wells Fargo for investing in private prisons and pursuing home foreclosures.

All three were escorted out by security, as were several others after them. In all, about a dozen were evicted from the meeting, which ended at 1:40 p.m.

Meanwhile, outside the protesters formed a “human chain” blocking Liedesdorff Alley to impede access to Wells Fargo.

The blockade, intended to disrupt shareholders from attending the meeting, largely succeeded in becoming a nuisance to those that worked in the area. Anyone that attempted to pass through the chain of people were interrogated as to their profession and  how much money they made. In one instance, a woman had to arguably explain that she worked for a non-profit before Occupy SF allowed her to go to work.

The disruption and subsequent march were largely organized not only by Occupy SF, but also the Alliance of Californians for Community Empowerment (ACCE). While most people are not familiar with ACCE, that is largely in part because they changed their name. ACCE used to be known as ACORN.

Occupy SF and ACORN/ACCE both protested Wells Fargo’s 2008 bailout and home foreclosures. All failed to mention that Wells Fargo is the nation’s number one lender to small business.

There is some irony in the fact that Barack Obama gave $25 billion of taxpayer money to Wells Fargo, only to have the organization that launched his career, ACORN, protest them. Of course, it’s probably not irony at all; it’s just the result of Obama’s continuing undermining of America.

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