Wells Fargo stands for Dishonesty (creating 3.5 million costly fake accounts for unsuspecting customers)(1); Disingenuousness (providing $467,000,000 to the dangerous and polluting Dakota Access oil pipeline (DAPL) – which threatens Native Americans' drinking water, violates land that is rightfully theirs, and accelerates climate change – despite claiming to be "committed to doing [their] part to accelerate the transition to a lower-carbon economy"(2)(3); and Discrimination (against low-income Americans and specifically against African American and Latino mortgage holders)(4). WF also has a history of investing in private prisons, which in turn exploit prisoners for profit (5).
Wells Fargo is not local; it takes its profits out of New Haven instead of reinvesting significantly in our community.
References(1) https://www.wsj.com/articles/wells-fargos-sales-scandal-tally-grows-to-around-3-5-million-accounts-1504184598(2) http://bit.ly/2oFzgd4(3) https://www.wellsfargo.com/about/corporate-responsibility/environment/(4) http://nyti.ms/2uIIGGI (5) http://bit.ly/1h7Yl1e
Petition created by New Haven Stands with Standing Rock campaign.