Sunday, October 30, 2011

Goldman Sachs and Occupy Wall Street's bank: the real story | Greg Palast | Comment is free | guardian.co.uk

Goldman Sachs and Occupy Wall Street's bank: the real story | Greg Palast | Comment is free | guardian.co.uk: "The trouble began three weeks ago when the occupiers suddenly found their donation buckets filling with thousands of dollars, way more than needed for their pizza dinners. Suddenly, the anti-bank protesters needed a bank. Citibank and Chase certainly wouldn't fit. So OWS opened an account at the not-for-profit Lower East Side Peoples Federal Credit Union. Peoples has a unique federal charter – designated to open accounts for low-income folk from all over NewYork, available to those families earning less than $38,000 per year."

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