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The Straight Story Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-01-05 05:53 PM
Original message
Students to Boycott Slavery Banks;
Students to Boycott Slavery Banks; Press Conference and Rally in New York, Dec. 5

12/1/2005 4:41:00 PM

To: Assignment Desk, Daybook Editor

Contact: The Restitution Study Group, 917-365-3007

News Advisory:

On Monday, December 5, 2005, students, hip hop activists, and reparations organizations will hold a press conference and rally announcing the boycott campaign of JP Morgan Chase student loans.

Students are demanding a restitution settlement in the consolidated lawsuits pending against JP Morgan Chase for their role in the enslavement of Africans -– case number MDL 1491 in Chicago, Illinois, 7th Circuit Court of Appeals.

Students will exercise their right to choose a student loan provider, and will avoid slavery banks like JP MorganChase, Wachovia, FleetBank, Bank of America, and Bank One.

Students to Boycott Slavery Banks
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Fenris Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-01-05 05:55 PM
Response to Original message
1. ...
:popcorn:
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GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-01-05 05:55 PM
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2. Thanks for passing this on
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politicat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-01-05 06:02 PM
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3. Why Bank of America?
If I recall correctly, it was founded in San Francisco in 1904 by an Italian immigrant to serve those who could not get standard banking services because of their race, and served the population after the 1906 earthquake.

Is it because of the merger with Nationsbank in 98?
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davidinalameda Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-01-05 06:08 PM
Response to Reply #3
4. I believe it was called the Bank of Italy originally
the boycott has to be because of Nationsbank's past mergers

http://www.answers.com/topic/list-of-bank-mergers
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porphyrian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-01-05 06:10 PM
Response to Original message
5. Boycotts like this won't be effective.
If you really want to get back at a slavery bank, open as many accounts there as possible. Then, when they make a big loan to some corporation or super rich fucker, everyone close their accounts at the same time.
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