SF protests target corporate greed

Pub date March 20, 2009
SectionPolitics Blog

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Photo and story by Ben Terrall

Popular anger at obscene corporate bonuses being issued in the midst of economic collapse was directed at Wells Fargo’s offices in the SF Financial District yesterday.

Wells Fargo received a $25 billion bailout from the federal government. And while its CEO was paid $26.6 million last year, the bank’s tellers make a median wage of $10.20 per hour.

The San Francisco rally was part of a national day of action that included protests in 33 states. The crowd of around 60 people waved signs that included, “IT’S TIME FOR AN ECONOMY THAT WORKS FOR EVERYONE.”