At the CenterWells Fargo ProtestWednesday, Apr. 25, 2012In response to yesterday's protest by Occupy San Francisco at Wells Fargo's annual meeting, Center Executive Director Kirk O. Hanson spoke with KQED's Cy Musiker about the movement and about the responsibility of banks to homeowners in the wake of the country's economic meltdown. "The bank benefited greatly from the bailout," Hanson said. "It did pay the money back, but one would expect that in response to that, they ought to do whatever they can to soften the blow on those individuals who got these mortgages and who are in foreclosure or who are suffering because of the continuing stream of payments."
Posted by Miriam Schulman
Tags: business ethics |
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