Anger at Banks Didn't Result in Action

By QR Blog Editor 07-05-2012

Writing for Time, Martha White notes:

"Anger against mega-banks brewed for most of last year, coming to a head with the Occupy Wall Street protests and fueled by banks’ unpopular (and short-lived) efforts to charge people for using their debit cards. People claimed they’d vote with their feet and switch to a smaller bank or a credit union, prompted by movements like the Facebook-driven Bank Transfer Day. But then a funny thing happened: Most people didn’t wind up switching banks after all."
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