OAKLAND (CBS/AP) — A group of Oakland anti-Wall Street protesters who blame large banks for the economic downturn have decided that one of those institutions is the best place to stash their money for now.
Protesters at an Occupy Oakland meeting Monday voted to deposit a $20,000 donation into a Wells Fargo account. The move comes just days after one of Wells Fargo’s branches was vandalized during a massive downtown demonstration.
An Occupy statement said the money only will be with Wells Fargo temporarily while they work to establish an account with a credit union or community bank. Protesters said it was the easiest way to access the money to bail out people from jail.
Wells Fargo spokesman Ruben Pulido said the move demonstrates that Occupy Oakland recognizes the value and service the bank provides its customers.
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