Wells Fargo turns away shareholders in San Francisco

Wells Fargo executive turns away homeowner w/payment
Ignores cerebral palsy wheelchair-bound homeowner
Refuses payment - and has her arrested (video below)

Citing space constraints, Wells Fargo turned away many of the shareholders today, at the bank's annual shareholder meeting. This action in a move protesters quickly decried as an illegal attempt to dodge tough questions from shareholders. Wells Fargo packed the meeting with its own employees, and continued to let shareholders who were not part of the protest in through a side door according to a press release from the activist group the Alliance of Californians for Community Empowerment.

In the building lobby, a Wells Fargo shareholder Andrew Constans, who was wearing a suit and tie and holding a paper copy of his single share of stock. The 19-year-old University of Minnesota student flew halfway across the country to tell Wells Fargo that it should pay more taxes. (Between 2008 and 2010, Wells Fargo paid none, but got $681 million in tax credits.)
"I pay taxes, so why can't they?" Constans asked.
"I'm not a multinational corporation; I don't have 60 tax shelters."

Oakland protest

The Wells Fargo protest is part of an effort on the part of 99% Power, a coalition of dozens of labor and community groups that plans to target some 40 corporate shareholder meetings over the next six weeks.

Wells executive turns away homeowner w/payment
Ignores cerebral palsy wheelchair-bound homeowner - has her arrested

picture by Jonathan Alcorn / Reuters

Ana Casas Wilson has taken her complaint public and attempted to take her house payment directly to a bank official on Thursday. Along with about 100 supporters, she attempted to hand deliver her mortgage payment directly to Tim Sloan, the top financial officer for Wells Fargo. Wilson, who has cerebral palsy, lives with her husband, who works as a school janitor, her teen son and her mother, who helps care for her. She has worked as a court reporter, and as an advocate for the disabled.

Supporters of Wilson, also were challenging a San Marino ordinance, just adopted last November – immediately after a protest of Wells Fargo's predatory lending practices. The protest was held on "banker" Sloan’s front lawn. That demonstration, involving about 100 protesters, was peaceful and ended without incident according to the Los Angeles Times (HERE)

Wilson is shown peacefully moving her wheelchair, through a police cordon, to deliver her check to Sloan's house as Wells servicing has refused all her previous attempts to pay. She knocks several times, but gets no answer.....

"He's embarrassed," Wilson tells the Tribune. "That's why he won't come out. ... He knows that what they {Wells Fargo} are doing is wrong."



Many similar foreclosure battles are under way nationwide, with support from a movement called Occupy our Homes


Read U.S. NEWS coverage on this story (HERE)

Read Mother Jones story... by Josh Harkinson (HERE)

Photos of foreclosure protest against Wells Fargo CFO Tim Sloan at his home in San Marino

 

Similar Treatment: OHIO's Chase Bank 2011 Shareholder meeting (HERE)
And: J.P. Morgan Chase sued for fraud - again (HERE)

photo courtesy of Michael at 4closurefraud.org

Palm Beach Post: Wells Fargo said late Monday that because of the “current market environment” it will not offer refinances under the new Home Affordable Refinance Plan to deeply underwater homeowners unless they are already being screwed as a Wells Fargo customer (Read Kim Miller story - HERE)

MLS home listing service tells WELLS FARGO: "Stop Deceiving" (Read HERE)

4closurefraud - Wells Fargo Shareholder Report - FRAUD pay-off settlement (HERE)

Martin Andelman:
Wells Fargo you've deceived, confused, and beaten....a senior citizen

Wells Fargo Insider: The independent Foreclosure review for OCC "IS A SHAM"
Related:  Goodbye, Wells Fargo; Hello, Credit Union Why a plush pony is no substitute for great service, reasonable fees, and a bank that doesn't aim to milk you at every turn.

Money, Power, and Wall Street - PBS Frontline Special

Money, Power, and Wall Street - A PBS Frontline Investigation & Report

        Watch a Shocking excerpt - beginning at 5:30 in - from the below segment

                                    NEXT Tuesdays  May 1, 2012
                        Replay times on PBS - Check you Local Listing (HERE)

WATCH THE April 24th - IN TWO SEGMENTS: PART ONE & TWO (HERE)

This PBS FRONTLINE program investigates the inside story and exposes the unprecedented and uneasy partnership between government leaders and titans of finance. The program also explores some of the key decisions, missed opportunities and struggles to rescue and repair a shattered economy.  

Decades of deregulation kept the government’s top officials in the dark about the complicated financial products that drove the meltdown. As Wall Street innovated, its revenues skyrocketed, and financial institutions of all stripes tied their fortunes to one another.

Josef Ackermann, Deutsche Bank CEO: “We were bullish on the mortgage market in general, and {bundling and selling} subprime {mortgage risk} was an element of it.”

Beginning with the government bailout of the collapsing investment bank Bear Stearns in the spring of 2008, the film tells the story of how the country’s leaders - Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke and New York Federal Reserve President Timothy Geithner - struggled to respond to a financial crisis that caught them by surprise.

Phil Angelides, the chairman of the Financial Crisis Inquiry Commission: “One of the most striking parts of the story is … how little people in charge of our system knew and/or did in the wake of the oncoming crisis”

In 1994 at a luxury hotel in Boca Raton, Fla., JPMorgan financial executives created a new product and {financial innovation for the} marketplace in which banks could buy and sell risk. A team of bankers, all in their 20s, dreamed up a new "insurance product" for loans called a credit default swap. It was the beginning of absurdly huge profits for the banking industry....and fuel for a boom in global investing.

Satyajit Das, 30 year Wall Street consultant: “The basic business that {Investment Firms and Banks} created was immensely profitable…..we were just moving the risk from one party to another party.”

As the real estate market was booming, bankers successfully tweaked the credit default swap to bundle and sell home mortgage loans to eager investors. But despite the money flowing into banks’ coffers, credit default swaps also loaded the financial system with lethal risk.

Bill Winters, the former co-CEO of JPMorgan’s investment bank said it was a way out for the banks and “The defining problem was that banks were unable to adequately deal with their own credit risks,”

When the housing bubble burst, the credit default swaps - originally designed to stabilize the financial system - brought the global economy to its knees. Regulators, who had often stood on the sideline and allowed Wall Street to police itself, watched in horror as the consequences rapidly unfolded before them

Phil Angelides, the chairman of the Financial Crisis Inquiry Commission: “Here we are three years-plus after, and very little has changed...and in many respects, the financial crisis never ended."

FRONTLINE’s veteran financial producers Martin Smith (College Inc., The Madoff Affair) and Michael Kirk (Inside the Meltdown, The Warning), probe deeply into the story of the big banks - how they developed, how they profited, and how their {financial profit} model produced unfathomable wealth {and} planted the seeds of financial destruction.

In the first hour of Money, Power and Wall Street, FRONTLINE correspondent Martin Smith interviews leading bankers, government officials and journalists which shows the epic rise of a new financial order and the trouble that followed. The investigation charts the largest government bailout in U.S. history, and a series of decisions that rewrote the rules of government and fueled a debate that would alter the country’s political landscape.

Federal Reserve governor Daniel K. Tarullo:  “It was quite clear to me that a number of really quite large financial systems had {no} management information systems which allowed them even to know what all their risks were.”

In the second hour, FRONTLINE producer Michael Kirk investigates how the American government confronted the crisis while dealing with sharp internal divisions and a relationship with Wall Street marked by mistrust and dependence, mutual interests and competing goals

PBS: Full Program Press Release (HERE)
BLOOMBERG: "Money, Power, and Wall Street"- "Takes No Prisoners" (Read HERE)

BLOG + Occupy + Attorney = NO EVICTION

          OHIO FRAUDclosure Blog assisted with an eviction intervention
However, we are all humbled by the courage, bravery and conviction of the
                                  BRIAN BAYLESS FAMILY
   Ohio FRAUDclosure + Occupy Columbus + Attorney = NO EVICTION
  
             This.......is only the beginning..........one Homeowner at a time

SATURDAY 12-10-11: LIVE RADIO BROADCAST (Replay)

Replay of Citizen Warriors broadcast (12-10-11) from Palm Beach Gardens in Florida 
View & Listen (below) to the harrowing "eviction" as shared by call-in guests:
Brave Ohio Homeowner: Brian Bayless
Attorney: Bruce Broyles
OhioFraudclosure Blogger: Marco

Radio Show Hosts & Citizen Warrior Heroes: Lisa Epstein and Michael Redman
Who are these brave individuals? Read Below

Grassroots effort leads to attorney general probe
How 2 Civilian Sleuths - brought foreclosure problems to light 

Websites: 4closureFraud.org and ForeclosureHamlet.org

See related: OCCUPY OUR HOMES - Day of Action
See related: HOLIDAY EVICTION moratorium "Cover-Up"

See OHIO related: OCCUPY COLUMBUS - Ready to Help
See OHIO related: OHIO'S Housing vacancy - up 50% - in past decade
 
Are we approaching a point in time - where homeowners are "Rising Up" - AGAIN
RACHEL MADDOW SHOW......OCCUPY OUR HOMES

OCCUPY OUR HOMES - DAY OF ACTION

"Those who do not move....do not notice their chains"
                      Rosa Luxemborg (Russian activist) 1871 - 1919



“Ohio is fortunate to have a nationally recognized blogger who participated in shaping the narrative and anti-foreclosure language being shared during this National Day of Action. Throughout the foreclosure crisis there has been an absence of national attention to the plight of the Ohio Homeowner. However, through the OhioFraudclosure blog - information, education and support is available for homeowners’ seeking to defend their homes”…. Says an OHIO based attorney

James Thilman/Gothamist

12-6-11  OCCUPY WALL STREET  in New York
It's a lovely day for a foreclosure tour, and Occupy Wall Street has taken to East New York to highlight the affects of the continuing housing crisis that continues to cripple the entire country. Our own James Thilman is on the scene, and notes that the crowd has swelled to nearly 400, with neighbors joining the march as it makes its way from one foreclosed home to the next. "We are here in East New York where the rate of foreclosure is 3 times higher than the entirety of Brooklyn and 5 times higher than the state," Minister Patricia Malcolm told the crowd. "Today we are real estate agents…We are going to look for those homes that are unoccupied and we are going to rent them out today."  The march has reached its destination, 702 Vermont Street, where a family will reside in a home that has been unoccupied for three years. Alfredo Carrasquillo, Tasha Glasgow, and her two children will be under the watch of Occupy Wall Street's "eviction defense team." "I want to thank the NYPD for all their support. I hope they don't wake me up in my bed at 2 a.m." Carrasquillo half-jokingly told the crowd. Thilman notes that he choked up a bit when speaking to the group.
Glasgow and her children, an eight year-old girl with autism and a five year-old boy, previously received a housing voucher through the NYC "Advantage" program in the spring, but it was withdrawn after Mayor Bloomberg enacted budget cuts. Once a few housewarming gifts were passed to the family, Carrasquillo and other volunteers began working to fix up the property.

OCCUPY OUR HOMES: DAY OF ACTION

Hastags  #OccupyHomes and #D6.
The national website twitter account is:  @OccupyOurHomes

Occupy Our Homes

Tuesday, December 6, has been declared a National Day of Action to Occupy Our Homes. Its goal is to focus attention on the corrupt banking practices that led to the mortgage boom and today's ongoing economic misery for most of the 99 percent.

Demonizing the Victim
Resisting illegal foreclosures is a good first step. It brings attention to Wall Street's criminality, and plain old inhumanity toward the people they call their"customers" - but treat like serfs.

It does something else important: It counteracts the brainwashing, driven by Wall Street and dutifully echoed by the media, which has demonized the victims of bank misbehavior.

(We were trying to fight that brainwashing back in 2008, without much luck.)

The Occupy movement has already won several battles in that war. If the public's attention can now be focused on people like Ana Wison, that can be a powerful blow against the Wall Street/corporate media "they deserve it" hype.

Bank of America "Blinks" when facing Occupy Our Homes ...with "Internal Memo"

.....And if you have not heard about today's protest on the conventional media that is understandable: as BAC says internally, this event "could impact our industry." Here are the specific warnings to BAC "field services" agents: i) Your safety is our primary concern, so do not engage with the protesters; ii) While in neighborhoods, please take notice of vacant BAC Field Services managed homes and ensure they are secured; iii) Remind all parties of the bank’s media policy and report any media incidents......more (HERE)

Huffington Post:  Los Angeles

It's also a day for helping people in our communities who have been victimized by predatory lending, criminal bank forgery, unfair or illegal foreclosure practices, and other bank abuses that victimize the public. Here in Los Angeles, where an inspiring victory has already taken place, OccupyLA will help two brave families re-occupy their illegally foreclosed homes.

Huffington Post:  Detroit
As part of a countrywide day of action planned to combat foreclosure practices and home evictions, two Metro Detroit households will open their homes to Occupy Detroiters Tuesday in an effort to halt foreclosures at the homes.

The actions in Detroit are in part spearheaded by Occupy Detroit and Occupy Our Homes, a national coalition focused on foreclosures that has developed out of the Occupy movement.

On Tuesday protesters affiliated with those two groups will try to bring attention to the plight of Debbie and Rob Henry, a married couple from the Detroit suburb of Southgate. They could be kicked out of their home of seven years by January, according to Shannon McEvilly, a Detroit area spokeswoman for Occupy Our Homes.

CBS NEWS:

No place like home:"Occupy Wall Street" targets foreclosures

International Business Times:

Occupy Homes: Protesters Target Foreclosures on Dec. 6 

Courtesy of Daily Kos Blog

Daily Kos: Occupy Our Homes shows flexibility of movement, tents not required

"OCCUPY" Youngstown Ohio 10-15-2011

        The "Occupy Wall Street" movement is now represented in all 50 States
     Here in OHIO..... the outrage has spread across the state...and to every city
                     OHIO FRAUDclosure has chosen to focus on:
                                       OCCUPY YOUNGSTOWN

               STAND UP - BE HEARD - DEFEND: YOUNGSTOWN, OHIO, & the 1%
                                              WHAT:   OCCUPY YOUNGSTOWN
                                          WHEN:   SATURDAY October 15th, 2011
                                      WHERE: FEDERAL & MARKET STREETS
                                                  TIME:   12:00pm - "HIGH NOON"

         OCCUPY WALLSTREET - OCCUPY TOGETHER - OCCUPY YOUNGSTOWN

We support OCCUPY Cleveland, Columbus, and Cincinnati. But - will follow Youngstown!
This American city is representative of many smaller - good cities - in Ohio and across the Nation. In the next few days, we will focus our coverage on this once beautiful city....which has become a typical Midwest tragedy ....struggling to survive. Read how "Wall Street" Bankers (HERE) along with the OHIO based Predator Drone (Foreclosure Mill) law firms have helped "wipe-out" Ohio homeowners.

Will the Youngstown Vindicator provide the TRUTH? or the Ad revenue "Bank Speak"?

Look for the Real Story on this FRAUDclosure Blog, and read about how the big banks, along with the local courts and judges continue to "Steal" homes from Ohio Homeowners. (HERE)

STAY TUNED as WE WILL be UPDATING and LINKING you (below) to and with...
Social Media sites (Facebook) or media coverage of "OCCUPY YOUNGSTOWN"
10-14-11 Occupy Youngstown Pledges Peaceful Event (Business Journal)
10-13-11 Occupy Youngstown Voices Local Issues (Business Journal)
10-13-11 Occupy Youngstown to target Wall Street & Issue 2 (Vindicator)
10-13-11 The Voices Of Occupied America (Littera Report)
....Chuck Kettering, a local actor and activist in Youngstown, Ohio, is part of another of these growing movements, know as Occupy Youngstown. With another few thousand supporters, this movement also plans to take to the streets on October 15th in downtown Youngstown, and will stay "until change happens!" This group, like all the others, is not fighting for a single purpose, but shares a sense that "...we are all fighting for the same things"

First Tunisia...Then Egypt...and then Syria and Libya.....
The lack of "free speech" with little or NO human rights..... was BIG NEWS
But OUR right to assemble in New York and be heard on Wall Street....was NOT?
Word soon spread....to Boston, then Chicago......and now...... YOUNGSTOWN OHIO
Will we bear witness to American Hypocrisy? or Show Up - Stand Up and.....
                                         OCCUPY YOUNGSTOWN                                               
                                            I AM NOT MOVING



SEE our Previous Event Coverage from  SHOWDOWN in OHIO and the
live updates from in and around the JPMorgan Chase Shareholder Meeting (HERE)

Art work  - depicting FRAUDclosure - Currently in Youngstown's Butler Art Museum

American Homeowners: "We've Had Enough"

            OUTRAGE to ACTION - Homeowners say "Enough"

 More and More people take to the streets - tired of big banks "legal shakedown"
 Looting Main Street Rolling Stone & Victor Juhasz

Everyday OHIO FRAUDclosure blogspot receives emails ....from ordinary American Homeowners. The emails....surprisingly come.... from all 50 states and always contain a simple request - please help!

The story's are frightening, compelling and heartbreaking. Each morning, after reading through just a few of these emailed stories ...a feeling of sadness and heartfelt compassion (for homeowner) is followed up by an overwhelming feeling.... of outrage!

I know....through this blog...I can only do so much. We've had some successes - by matching up some really good foreclosure Attorneys ....with homeowners ....that have been criminally abused by the Banks, Mortgage Servicers and the Court System.

For OHIO Homeowners - we've made a major impact through our groundbreaking action....of being the only known social media source to have submitted an Amici Brief to a State's Highest Court. (HERE: in US Bank v Duvall). We helped draw, via the Internet and this blog, much needed attention and legal arguments to an otherwise unremarkable and unnoticed case. At the time of our first post (HERE) there was NO COVERAGE through existing mainstream media sources (Newspaper, Radio, or TV). We can only hope that we've helped shape future outcomes and case law, and level the legal landscape in a positive manner. We believe our efforts benefit ALL OHIO homeowners, which continue to suffer the indignity of FRAUDulent foreclosure and other criminal acts and behaviours perpetrated by "Wall Street"

Beginning today, choose to support ANY EFFORT that is willing to stand up against the Big Banks and their FRAUDclosure Machines. Regardless of your city or State...YOU MUST help!

I challenge anyone ...to watch the below videos ....and continue to do NOTHING.
Lets take back MAIN STREET......by taking down .......WALL STREET

                           OCCUPY WALL STREET
Zuccotti Park, has unexpectedly become a headquarters for thousands of people from around the US to peacefully demonstrate within view of the financial district & Wall Street
                   People are gathered here....to protest..... financial inequity!
Watch this Keith Olbermann Countdown segment with filmmaker Michael Moore



Sept 24th - 80 Arrested as Financial District Protest Moves North
Sept 27th - Park Gives Wall St. Protesters a Place to Call Home
Matt Taibbi - Rolling Stone - 'Occupy Wall Street': Drawing the Battle Lines

STAND UP......BE HEARD......DO SOMETHING
Just Watch the below - Last Word Segment from MSNBC's Lawerence O'Donnell
You won’t see this Video, Coverage or Commentary in the mainstream news



10-1-11        OCCUPY WALL STREET    Boston, MA.
BOSTON - 10-1-2011   Police have arrested two dozen protesters of the over 3,000 activists for trespassing during a demonstration against Bank of America's foreclosure practices at the banking giant's offices in downtown Boston
Tone deaf and overpaid  Bank of America spokesman T.J. Crawford:
                        "This is a publicity stunt"
Really T.J...a publicity stunt..can't wait to hear from you on the new $5 a month debit card fee!


Our two fellow activist bloggers from Florida...Chose to MAKE A DIFFERENCE
Lisa (of Foreclosure Hamlet) and Michael (of 4closurefraud) are featured here: