Occupy wall Street's first financial statement - 454K raised, 50K spent

[Liberal_in_LA]

Occupy Wall St. raises $454K

Albany, N.Y. • The first financial report of the Occupy Wall Street demonstration in New York City shows protesters have raised more than $454,000 and have spent slightly more than $50,000 in the movement’s first five weeks, a person close to the movement said Friday.

The financial report, given to The Associated Press by the person, was to be released Friday evening in Manhattan’s Zuccotti Park, where the protesters have an encampment. The person spoke on the condition of anonymity because the spreadsheet analysis hadn’t been released.

The demonstrators are providing reporters daily updates showing more than $500,000 has been donated, but this is the first fiscal report of the Occupy Wall Street movement and part of its move to provide greater transparency.

http://www.sltrib.com/sltrib/world/52806922-68/report-expenses-protesters-occupy.html.csp

[Modern_Matthew]

1. Excellent. nt

[Cal Carpenter]

2. I am so glad to hear this

I hope they keep releasing the numbers regularly. I heard concerns about financial transparency from many of the participants at OWS. Hopefully this will put some minds at ease.

I do hope they add more detail about who is giving the money, at least the bigger amounts, and what the average gift is, number of donors, etc.

[Tx4obama]

3. And OWS sent OccupyOakand $20,000 for medical & legal expenses and 100 tents. n/t