Amidst the macro worries about European sovereign debt and the ignition of the next election cycle, a protest movement called Occupy Wall Street has garnered a great deal of attention for itself. The demands of this movement are vague, and it is an open question as to whether much of what they object to is a byproduct of corporate policy or public policy (or an admixture of the two). Nevertheless, it is clear that their anger is directed, in large part, at some of the biggest banks in this country. (For more on how banking has evolved, read The Evolution Of Banking.)
The question is whether these protesters can actually impact the banks they target and
what options are available to those who share the protesters views and concerns.
The Source of the Problem
The Occupy Wall Street movement is a diverse group with no particular singular principles. Nevertheless, it is not hard to find a lot of potential sources of unhappiness from the conduct of America's large banks.
Read the full column here:
http://financialedge.investopedia.com/financial-edge/1011/How-Protests-Can-Change-Banking.aspx
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