Today BoA blinked. They announced they are no longer charging a $5.00 fee for debit card transactions. Too little too late. The OWS movement has requested people transfer from banks to credit unions by Nov 5, 2011. That campaign will continue since one act does not build trust. Even TV commentators who are no friend of OWS are warning consumers to watch their bills carefully for hidden fees that banks may add to make up for the ones they are pressured to cancel. The first volley has been fired. The violence of the mayors and their police has been countered by the mobilization of peaceful protest strategies. The Wall Street dominions have acted against the protestors and the protestors and their allies have reacted.
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