From MoveYourMoney.info:
"Fueled by the personal initiatives of thousands, it’s a grassroots effort that has the potential to shift power in the financial system away from Wall Street and to Main Street. People all over the country are choosing to move their money out of bigger banks and into smaller, community-oriented financial institutions that generally avoided the reckless investments and schemes that helped cause the financial crisis."
This campaign, created by The Huffington Post's Ariana Huffington, might be more about education than any sort of David and Goliath effect:
"Fueled by the personal initiatives of thousands, it’s a grassroots effort that has the potential to shift power in the financial system away from Wall Street and to Main Street. People all over the country are choosing to move their money out of bigger banks and into smaller, community-oriented financial institutions that generally avoided the reckless investments and schemes that helped cause the financial crisis."
This campaign, created by The Huffington Post's Ariana Huffington, might be more about education than any sort of David and Goliath effect:
"In online postings, aggrieved bank customers inspired by Huffington's Move Your Money campaign describe their participation as an exercise in revenge, a way to take action against a system in which they otherwise feel profound helplessness. Dramatic — and yet these people will be a mere blip on the radar screen for big banks.
The real impact of the movement is in the education it provides people about their banking options — something that may not move them to close accounts, but could stick with them next time they need bankservices."