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Occupy Wall Street

Looking at the Facebook strategy used by Bank Transfer Day

The American version of the Arab Spring (2011) is underway as I write in late October 2011.  The encampment near Wall Street is now in its second month and there are Occupy encampments in other cities around the world.  One of the side actions is Bank Transfer Day, which is a call for people to transfer their money out of big banks into credit unions, and to do so before November 5, 2011.  The hope is to generate awareness of the role big banks played in the financial crisis, and especially in the questionable practices they followed in mortgage foreclosures etc.