…it’s been up to Occupy Wall Street’s finance committee — headed up by a lawyer, an accountant and a tattoo artist — to deal with the over $500,000 the movement has brought in. No easy task.
But let’s be clear — Occupy isn’t exactly stashing its cash in with one of the big Wall Street banks. Rather, the money’s at Amalgamated Bank, which was fully union-owned until recently, according to Reuters.
Interestingly, Amalgamated sold 40 percent of its stock just nine days after the protests started, to famed billionaire investors Wilbur Ross and Ron Burkle. We have to wonder how many protesters are aware of that.