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Bank Transfer Day in LA Will Include Marches, Rallies in Downtown
Photo from an October 15, 2011 "Occupy" march in Downtown by chanceroad via the LAist Featured Photos pool
You didn't think something like Bank Transfer Day would be ushered in quietly, did you? That's definitely not the case, as cities across the nation are going to show their support for consumers moving their money from big banks to credit unions November 5 by holding marches and rallies. In Los Angeles, participants in the Occupy L.A. protest and activists with Good Jobs LA will be out in full force starting at 9 a.m. Saturday morning.
Via Good Jobs LA:
Wall Street banks are leaving LA communities behind. When Wall Street banks needed help after their greed and recklessness crashed our economy, Congress rushed to bail them out with billions in taxpayer money - but now Wall Street Banks are continuing to put families out of their homes and failing to invest in local communities to create good jobs.
Customers who are opting to move their accounts, and supporters, will gather at 9 a.m. at California Plaza. The march, through the city's financial district, is slated to begin at 10:30.
It's not just on Saturday, though, when people will gather and take to the streets to speak out against the banking industry. Throughout the weekend, there will be various speakers on the issue visiting the Occupy LA encampment, and there are also some events taking place tonight.
Friday's events will take place in the downtown LA financial district, at Grand and 5th St, and will include: * 3-5:30pm march and teach-ins at 4 major banks in the financial district (route released at Pershing)
* 6pm March converges at LA public library space for dinner
* 7pm Community Speak Out! at LA public library
Sponsored message
On November 9th, activists will march against budget cuts that threaten the jobs of teachers, firefighters and police. On November 17th, hundreds will gather at a structurally deficient downtown LA overpass to protest Congress’ refusal to tax millionaires and wealthy corporations to pay for legislation that will create good jobs building LA.
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You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
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