Fri May 18, 2012
Protesters Attempt to 'Occupy' Chase Bank
Members of Occupy Austin staged a protest at a local Chase Bank branch this afternoon, resulting in protesters’ ejection from the building.
Occupy Austin had pushed for the City of Austin to move their funds from Bank of America. In February, the Austin City Council passed a resolution looking at that possibility. But instead of shifting those funds to smaller banks or credit unions, as Occupy Austin had hoped for, the city transferred its money to JP Morgan Chase.
On the heels of JP Morgan’s disclosure of billions in losses from risky financial trades, Occupy Austin members protested at a Chase branch on 19th and Guadalupe Street.
Apparently the protest made it inside, as the group reported on Twitter (potentially NSFW language) that its members were “physically forced from Chase Bank by guards for singing carols inside.”
KUT intern Jillian Schantz Patrick captured photos of the protest this afternoon.