May 8, 2012 6:59 pm by Channel 1 Networks, under , , . 1 Comments

A protest of Bank of America, organized by the 99% movement, will be held around the U.S. and in Boulder Wednesday morning at 11 a.m. at Wells Fargo bank in Boulder, according to 99% organizers. The bank at 1242 Pearl St. will be targeted.

The organizers’ rationale is this: While Bank of America’s CEO and shareholders meet in Charlotte, NC, tomorrow, the 99% is taking to the streets across the nation to protest BofA. As the economy declined, BofA made millions in profits by dodging taxes and foreclosing on homes, which hit communities of color especially hard. Bad publicity is like kryptonite to big corporations—that’s why thousands of people are protesting, marching, and raising our voices in solidarity to draw the media’s attention to BofA’s shameless practices. Nearly 200 communities are standing up to Bank of America this week, and there’s one near you.>

Wells Fargo is the fourth largest bank in the U.S. and accused of many of the same accusations that Bank of America faces.

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