LIVE NOW: Occupy Oakland is being evicted. Those remaining in Frank Ogawa plaza have been advised by OPD that they are under arrest. OPD asks all remaining occupiers to submit to arrest. @punkboyinsf is on the scene livestreaming with a very shaky video camera, but the police are keeping him pretty far back from the action. […]
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The Washington, DC arm of Occupy Wall Street has called for a day of action against Citibank. At this hour they have staged a protest at a DC branch with more than 40 protestors, and word is that some have once again been locked inside the branch and police have been called. We’ll see if DC police behave in a more civilized manner than NYPD.
Citibank, one of the largest recipients of bailout money, has nonetheless managed to pull off record profits, pay their executives huge amounts, and pay minimal taxes, which makes them a poster child for everything that Occupy Wall Street is protesting against.
By now just about everyone in the country must know that 23 Occupy Wall Street demonstrators were arrested Saturday in Manhattan when they attempted to close their Citibank accounts. Their crime: they talked about it too much.
What you probably don’t know is: on the same morning a similar group went to a Chase bank branch and engaged in a similar action. You don’t know this because, unlike at Citibank, the Chase manager just rolled with it. No arrests, no police, and it was all over in a few minutes.
So while the demonstrators made some poor choices, Citibank made some EXTREMELY poor choices.
In what can only be the stupidest public relations move in corporate history, financial behemoth Citibank reacted to customers trying to close their accounts today by… bringing in a ton of cops and having them arrested.
Even in the dark days of the 1930s and the great depression, when there were actual panics and bank runs, nobody tried such a spectacularly stupid move.
Actions continued today and overnight. There were crackdowns or arrests in Portland, Seattle, San Diego, Austin, Gainsville, and a massive police raid in Denver. But the big question was: What will happen in the morning at the original Occupy Wall Street, just steps from New York City’s financial district, which faces a 7 am deadline from Mayor Bloomberg….