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Economy

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Ghost Dog

(16,881 posts)
Thu Apr 26, 2012, 06:50 AM Apr 2012

Wall Street Tracks ‘Wolves’ as May 1 Protests Loom [View all]

The world’s biggest banks are working with one another and police to gather intelligence as protesters try to rejuvenate the Occupy Wall Street movement with May demonstrations, industry security consultants said.

Among 99 protest targets in midtown Manhattan on May 1 are JPMorgan Chase & Co. (JPM) and Bank of America Corp. (BAC) offices, said Marisa Holmes, a member of Occupy’s May Day planning committee. Events are scheduled for more than 115 cities, including an effort to shut down the Golden Gate Bridge in San Francisco, where Wells Fargo & Co. (WFC) investors relied on police to get past protests at their annual meeting this week.

“Our goal is to kick off the spring offensive and go directly to where the financial elite play and plan,” she said.

After evictions and arrests from Manhattan’s Zuccotti Park to London that began last year, the movement against income inequality and corporate abuse will regain strength, said Brian McNary, director of global risk at Pinkerton Consulting & Investigations, a subsidiary of Sweden’s Securitas AB. (SECUB) He works with international financial firms to “identify, map and track” protesters across social media and at their assemblies, he said. The companies gather data “carefully and methodically” to prevent business disruptions.

Banks are preparing for Occupy demonstrations at the North Atlantic Treaty Organization’s Chicago summit on May 20 and 21 by sharing information from video surveillance, robots and officers in buildings, giving “a real-time, 360-degree” view, said McNary, who works on the project.

/... http://www.bloomberg.com/news/2012-04-26/wall-street-tracks-wolves-as-may-1-protests-loom.html

Bloomberg dixit.

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