Bank of America spooked by Occupy campaign

Salon.com:

An internal email shows the company is closely monitoring the anti-foreclosure protests

Here’s a quick coda to the Occupy Our Homes campaign launch yesterday: One big bank is reportedly paying close attention to the anti-foreclosure effort.

The blog Zero Hedge has published a purported internal Bank of America email warning all “field services” operators that the Occupy day of action Tuesday “could impact our industry.”

(I’ve asked BoA for comment on the email, and a spokeswoman says she is looking into the matter. I will update this post when I hear back.)

BoA field services operatives are advised:

•“do not engage with the protesters”
•“While in the neighborhoods, please take notice of vacant [Bank of America Corp.] Field Services managed homes and ensure they are secured.”

The email goes on to say that the company is monitoring the Occupy Our Homes website and “researching” a family featured on the site. This is all pretty much what one would expect the banks to be doing; but the email is significant because it confirms Occupy is seen within the industry as a real threat.

Continue reading here.