April 24, 2012

Just tipped off in a Tweet that police in riot gear have surrounded protesters in San Francisco outside of Wells Fargo's annual shareholder's meeting. Streaming live now.

Here's an update via SF Weekly:

Only a handful of occupiers actually got inside the building, located at 465 California St., where they vented a bit to Wells Fargo shareholders before being escorted out. As of 3:15 p.m., eight people had been arrested outside the building, according to Officer Albie Esparza, and "plenty" of officers were still out there surrounding the bank building.

At some point, John Stumpf, CEO of Wells Fargo, shut the doors, denying entry to hundreds of shareholders, which protesters say was a lame attempt to dodge occupiers and their questions for shareholders. However, Wells Fargo spokesman Ruben Pulido told the Chronicle that the protest had not "forced any significant changes to the session."

At about 2 p.m., activists sent out a press release, describing the scene downtown:

"Wells Fargo restricted entry to the community shareholders with barricades, claiming they were filled to capacity while they continued to let in shareholders that were not part of the protest through a side door. Wells Fargo also packed the room with its own employees so as to allow no room for additional shareholders to access the meeting, making inaccurate claims about the meeting room's capacity."

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