The New Bottom Line project says “Bank Transfer Season 2012 Kicks Off in San Francisco“: Yesterday, clergy in San Francisco announced plans to divest $10 million from Wells Fargo. 40 clergy from across San Francisco gathered outside the headquarters of Wells Fargo to call on the bank to put an immediate freeze on all foreclosure activity and conduct broad-based principal reduction for underwater homeowners. It came just days after the San Francisco recorder-assessor, Phil Ting, released a report casting doubt on... Read more