Wednesday, April 25, 2012

Shareholders (the 99%) denied access and locked out of a Wells Fargo Shareholders meeting.

Shareholders who are also "the 99%" were denied access to a Wells Fargo shareholders meeting.  About 1500 people were denied access who were waiting to go into the meeting.  They were even holding up their share certificates, yet they were not allowed to go into a meeting that was their right to.

So, it seems Wells Fargo wants people to buy their stock, yet they are not willing to hear their voice.  Dang, the U.S. government must have learned from Wall Street, because they do the same thing.

From Link:
With about 1,500 people outside its annual shareholder meeting in San Francisco, Wells Fargo denied entrance to almost every 99%er who had purchased shares in the mega-bank and hoped to be a part of the conversation about Wells Fargo’s corporate policies around foreclosures, private prisons, payday lending, and other abusive practices.1

You read that correctly: Wells Fargo blockaded its own shareholders from entering its corporate headquarters for a meeting which they had every right to attend.




Here is Young Turks showing the Shareholders being locked out. He goes into how much fraud Wells Fargo commits - from taxes to fines.

He says they were locked out because of the millions they were paying their top executives at that shareholders meeting.





If you have money in a Wall Street bank - Get it Out! Stop supporting Wall Street with your money!

1 comment:

  1. Sherrie, the richest 1% control 42% of all financial assets. That means 42% of Wells Fargo stock is probably held by 1%ers, and the rest by the top 10%. In other words, f-em, may they all choke on their share certificates.

    ReplyDelete