Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

French Soccer Star Calls for a Run on Banks

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
 
cory777 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 12:30 AM
Original message
French Soccer Star Calls for a Run on Banks
Source: New York Times

PARIS — A Web-based movement is hoping the words of a former French soccer star are enough to drive a protest against bank bailouts and bonuses, and to hurt financial institutions where it counts: in their deposits.

Two months ago, the former French soccer star Eric Cantona called for a bloodless “revolution” against banks with a plan to do just that. Since then politicians have frowned and commentators have discussed whether the idea has merit.

On Tuesday, it will become clear whether bank customers are angry enough to act. That is the day depositors in France and beyond have been asked to withdraw their money in protest. While banking chiefs will be watching their tills, most doubt any protest will be widespread.

Mr. Cantona called for the bank protest in an interview with the newspaper Presse Océan in Nantes in October, around the time of strikes and demonstrations in France against the overhaul of the pension system by the government of President Nicolas Sarkozy.

Read more: http://www.nytimes.com/2010/12/07/business/global/07cantona.html?src=busln



Let's see what happens! Breaking Activist News http://activistnews.blogspot.com/
Printer Friendly | Permalink |  | Top
2Design Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 01:23 AM
Response to Original message
1. move everything into credit unions
Printer Friendly | Permalink |  | Top
 
K8-EEE Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 01:29 AM
Response to Original message
2. YES!! Not only your money but YOUR DEBT
If you owe money, try to get it refinanced in a credit union (you'll prob save $$ in the longrun besides defunding the big banks!)
Printer Friendly | Permalink |  | Top
 
Swagman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 01:47 AM
Response to Original message
3. . Viva Cantona !
Printer Friendly | Permalink |  | Top
 
earcandle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 02:03 AM
Response to Original message
4. I moved to my credit union two years ago.. hope this works, hope people play the game. it will make
an impact. 
Printer Friendly | Permalink |  | Top
 
Iowa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 02:24 AM
Response to Original message
5. I'd like to help, but I moved to a credit union years ago...
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 18th 2024, 07:57 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC