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Bank of America target of protestors

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A Bank of America branch office is seen in New York September 18, 2008.

Credit: Reuters/Eric Thayer
A Bank of America branch office is seen in New York September 18, 2008. Credit: Reuters/Eric Thayer

KALAMAZOO (WKZO) -- Members of the Michigan Organizing Project held a protest against the Bank of America branch in Kalamazoo yesterday, but it was just a preview of a much bigger protest planned in North Carolina when the Bank’s stockholders gather for their annual meeting in Charlotte Wednesday.

Allison Colberg says Bank of America has been a bad corporate citizen, willing to take a bailout from the taxpayers, but failing to turn the money back around and loan it out. She says they were deeply involved in the mortgage manipulation and robo-signing that triggered the great recession.

Tuesday the protestors got 5 of the bank’s Kalamazoo customers to transfer their accounts to a savings and loan.

The Occupy Kalamazoo group has wrapped up their week long protest and encampment outside the bank at Rose and Michigan. The protest began on May first.

 

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