Wednesday, November 9, 2011

Video: Rainford Dodges Request for City To Divest From Bank of America

As an update to my previous post, here's video of the exchange where OccupySTL asked the Mayor's staff about divesting from Bank of America.

Here's the initial question:

And here's Rainford's non-response response:

Notice that, despite saying he didn't want to give a "mealy mouthed answer," he didn't actually explain why they need to keep their money in one of the worst banks in the country rather than a local credit union or even to a bank like Commerce or Pulaski which doesn't have the same horrible track record as BoFA.

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