City Council unanimously passes Wells Fargo divestment plan

Via The Daily Californianwellsfargo_ebooth_file-copy

Berkeley City Council unanimously passed a plan to divest from Wells Fargo at its regular meeting Tuesday night.

Wells Fargo is criticized in the item for allegedly opening about 1.5 million potentially fraudulent deposit accounts, purportedly transferring funds without client’s knowledge or consent, and financing the private prison industrial complex and the Dakota Access Pipeline, or DAPL.

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