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Occupy the Boardroom: Protesters Get Message to Inboxes of CEOs
New website run in conjunction with Occupy Wall Street allows users to directly message heads of major corporations
Thousands of Americans who were badly hit by the recession have been able to directly message the most powerful figures in the country's top financial institutions via a new website set up as part of the Occupy movement.
Occupy Wall Street protesters plan to hand-deliver messages written to CEOs of major corporations. Photograph: Chris Hondros/Getty Images So far, almost 7000 people have sent messages via OccupytheBoardroom.org directly into the inboxes of figures like Lloyd Blankfein, chief executive of Goldman Sachs, Vikram Pandit, CEO of Citigroup and Jamie Dimon, chairman and CEO of JP Morgan Chase.
To make sure the executives can't just ignore the emails, activists from Occupy Wall Street plan to print them off and hand-deliver them in a march on Friday.
Those who have sent messages include foreclosure victims, students unable to pay off loans, and ordinary hard working people affected by the recession and then by debts called in by banks.
Some are heartbreaking, many are angry, and a few rely on sarcasm to get their point across. In one message, a Marine Corp veteran who has served in the Middle East described to Joe L Price, a Bank of America executive, how he got into debt because his son had a lengthy spell in hospital, and how he can't afford the mounting fees.
He writes: "You may think that this is ok but it is not ok... as a patriot of the original founding fathers beliefs, you are unpatriotic and I was willing to lay my life down for people such as yourself. Tell me, what sacrifice are you willing to make for me?"
Another, written to John G Stumpf, chairman and CEO of Wells Fargo, under the heading "Congratulations Mr Stumf", reads: "I work two jobs (retail and freelance) to keep up with my student loan payments ($700/mo), mortgage ($1100/mo), utilities, insurance, credit, and two car payments ($1500/mo). I have so many payments, sometimes my account gets really low, and I like to pretend its a game to see if my paycheck will clear in time before the payment goes through! Its very exciting, and when I lose, YOU WIN! $30 each time!
The site is a collaboration between Occupy Wall Street, New York Communities for Change and a coalition of community and labour groups. It has posted 200 names of CEOs and board members of Goldman Sachs, Citigroup, Bank of America, Morgan Stanley and Wells Fargo, with links allowing messages to be sent directly to their inboxes.
Olivier Leirer, of New York Communities for Change, said the idea was aimed at giving ordinary people a chance to tell their stories and have their voices heard.
"The letters touched on four key issues, foreclosure, unemployment, anger at rising fees and corruption and collusion between Wall Street executives and our elected officials" said Leirer, who helped set it up.
They had originally intended to publish the emails and other contact details of all the board members and executives, but learned that they could be prosecuted under the Computer Fraud and Abuse Act if their actions unwittingly crashed the email servers of the banks.
"It could be punishable by time in jail and we decided it wasn't a good way to go about things" she said.
Instead of sending out thousands of emails, with the potential risk, OTB devised a system where individuals write into a group blog, which is then tagged and sent in batches of 99 emails to the intended recipient.
Leirer said that they are able to discern if the emails are being opened and, so far, around 20% of them are.
"We know that they are not being sent directly to trash. But even if they are, we are printing off the letters and delivering them directly."
The site also urges readers to choose a "Best Friend Forever " among the "1 per cent". By clicking on their name, they are encouraged to find out more about them and even meet them. It stresses, however, that they should not be harassed.
The site, which has been running for two weeks, has not gone unnoticed by the institutions it has targeted.
A memo from Fay Feeney, a consultant and member of the National Association of Corporate Directors, described how corporations should prepare to combat the Occupation movement.
In the memo, leaked to the Occupy Washington and first published by website October2011.org, Feeney warns "corporate counsels, CEOs and board rooms" about OccupytheBoardroom.
She said: "As the Occupy Wall Street (OWS) protesters are hitting the streets worldwide, another movement is quietly unfolding online; OccupyThe Boardroom"
"Users can access a list of CEOs and share their stories regarding bankruptcy, job losses, and unfair treatment. According to OTB (which claims it has the contact information for al members listed) prizes will be awarded to the best funnniest and most revelatory interactions."
She warns: "Board members and corporate counsels prepare themselves for a bumpy ride by future-proofing their companies."
"Protests can spin out of control, with real time data processing from Twitter, Facebook and other social networking sites."
Among the steps taken to protect themselves is to use social networks to gather intelligence so "board chairs and CEOs should always remain one step ahead in protecting their boardroom."
When contacted by the Guardian, Feeney said in an email: "This guidance was for directors to listen to stakeholders and take action to make the board responsive to the voices - whether internal or external... My counsel is aimed at improved governance and enlightening the boardroom."
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12 Comments so far
Show AllThis example is exactly the kind of decentralized creative effort that will continue to be generated by the 99% but in increasing numbers. The intellectual talent of the 99% far exceeds the limited talent of the 1%. There is NO WAY the 1% can succeed, even if they start World War 3, who will fight it for them? We REJECT the 1% and their fantasies of world dominion.
I'll second that. One side effect of the massive multi-billion dollar (or more likely, with externalization standards applied, trillion dollar) market research and advertising industry is that the "brand loyalty" so frequently achieved evolves into a prime component of what some refer to as inverted totalitarianism.
It surprises me that Occupy has not yet taken this industry to task. Perhaps it is unnecessary as the basis of the industry is emblematic of all the meanings of 'derivative'. Occupy reveals the lexicon of technocratic jargon simply by virtue of maintaining non-violent presence.
Classy. I am impressed with the singling out of these creeps and letting them hear what needs to be said. I am going to the list to look for the pharm and food industrial pricks, they are killing people, more than wars put together.
Not to mention insurance company executives. I'm sure Wendel Potter could provide the list of contacts.
The rich already know. That's why they live behind big walls and have big locks and security personal.
Here's an easy way to support Occupy Wall Street with your junk mail returned to the banks who sent it.
Check out this youtube video.
http://www.youtube.com/watch?v=2JlxbKtBkGM&feature=youtu.be
x
Where to begin? This guy (or gal) is nothing like the speculators. He is not wreaking havoc, causing layoffs, taking lots of money and walking away whistling with his hands in his pockets, He is working hard. He is paying off his debts. He is not cheating anybody. He is not taking bailout money from the taxpayers. He does not have the ability to give himself huge bonuses and raises like the speculators. He has not been appointed to any top government positions, like the speculators. Oh, and he has not taken down the world economy.
All that you say is true, of course. The only reason he himself did not wreak more havoc is that he is just too insignificant. But get him and all his buddies with loans they could not afford and there's your crisis He is exactly like the speculators. The only difference is that the gov is not bailing him out with my tax money (yet) as it did with the rest of the bankrupt in this country.
My point was actually that he (or she) should not be whining. Come on, two(!) car loans?
Good stories in the letters. They serve a purpose of self-expression and building feeling among activists. But I do not think it will move the bankers. I hope it motivates people to take their money out of the banks and put it into credit unions.
Bank of America has been forced to re-consider their $5 per month fee for using debit cards because of public uproar and threat of defections.
One big problem is that the top one or two percent, wall street and banks make money off money, thus pay capital gains tax and enjoy huge deductions and loop holes, thus paying a super low version of income tax, a much lower rate than the working class.