big banks

HOW IS THE ECONOMIC MELTDOWN IMPACTING OUR COMMUNITY? CPI SPEAKER TO ADDRESS ISSUE DEC. 7 IN LA MESA

December 1, 2011 (La Mesa) -- Clare Crawford, Executive Director of the Center on Policy Initiatives, will address the La Mesa-Foothills Democratic Club about the 2008 economic meltdown and its effect on our community. The event will take place at the La Mesa Community Center, 4975 Memorial Drive in La Mesa on December 7 from 7:00 until 8:30 p.m. during the Club’s holiday party. All community members are invited to attend this free event.

1 MILLION CUSTOMERS PULL MONEY OUT OF BIG BANKS, MOVE CASH TO CREDIT UNIONS


National movement to support Main Street, not Wall Street, yields big impact

Story by Miriam Raftery
Photos by Jerry Malamud and Ron Logan

 

November 5, 2011 (San Diego) –“As of today, one million American consumers are hurling a lightning bolt at the big banks, moving their money out,” Diane Sawyer at ABC news reported Friday.

 

That report aired before today's target date set by the “Move Your Money” movement for consumers to strike back at Wall Street banks blamed for the financial meltdown. Across America, people are heeding the call, shifting their funds into credit unions or locally-owned banks.