20 Oct '11, 3am

"No More Bank Of America" Says San Jose Church - VIDEO | Care2 Causes

"No More Bank Of America" Says San Jose Church - VIDEO | Care2 Causes

On Oct 12, 2011 PACTSJ (People Acting In Community Together, San Jose) held a bank accountability press conference to announce mounting divestments. Specifically, the pastor of Most Holy Trinity Church in San Jose, Calfornia , announced that the group was divesting $3 million from Bank of America and moving the money to a credit union. He also called on California Attorney General Kamala Harris to take strong action to hold banks accountable for their unethical and illegal practices that have caused and prolonged the economic crisis. “Today is a new day!” he proclaimed to great applause. And later, “Raise your hands! Close your hand in a fist of solidarity!” San Jose churches, organizations and residents are divesting millions of dollars from big banks due to their unethical policies and practices. In addition to Most Holy Trinity Church, the City of San Jose has moved mon...

Full article: http://www.care2.com/causes/goodbye-bank-of-america-churc...

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