San Leandro severs $700,000 investment with Wells Fargo over scandals, pipeline support

SAN LEANDRO CITY COUNCILA rash of banking scandals implicating Wells Fargo, in addition, to its controversial investment in the progressive cause célèbre, the Dakota Access Pipeline, has lead another East Bay city to take steps toward ending its banking relationship with the historic California institution.The San Leandro City Council voted, 6-0, Monday night to divest … Continue reading San Leandro severs $700,000 investment with Wells Fargo over scandals, pipeline support

Berkeley Mayor Arreguin comes out strong at state of city address

BERKELEY CITY COUNCILBerkeley Mayor Jesse Arreguin delivers his first state of the city address Monday night at the Berkeley Repertory Theatre. PHOTOS/Zac GoldsteinBy Keegan Tatum and Zac GoldsteinThe sense in the room was, finally, someone said it. That mood endured for the entire State of the City address delivered by Berkeley’s new mayor, Jesse Arreguin.Throughout … Continue reading Berkeley Mayor Arreguin comes out strong at state of city address

With Raiders departure, Oakland once again sticks it to ‘The Man’

The NFL announced approval Monday for theRaiders relocation to Las Vegas. The team isscheduled to play in Oakland through 2018.OAKLANDRaise a banner from the rafters at Oakland City Hall! By refusing to acquiesce to the threats of the Raiders and the National Football League, the city proved once again that the East Bay rests in … Continue reading With Raiders departure, Oakland once again sticks it to ‘The Man’

Oakland and San Leandro make banking statements

San Leandro Councilmember Benny Lee isleading the push for divestment of Wells Fargo.OAKLAND | SAN LEANDROBig banks took a big hit in East Bay politics last week. The Oakland City Council voted to cease its relationship with JP Morgan Chase. Then quickly reversed an apparently haphazard decision after realizing, on second thought, the absence of … Continue reading Oakland and San Leandro make banking statements

Alameda halts new investments with Wells Fargo

Alameda uses Wells Fargo for its operatingaccounts and owns three securities.ALAMEDA CITY COUNCILWells Fargo has been under fire from state legislatures, including California, and numerous cities, namely Seattle, for it role in a systemic bank account scandal affecting millions of its own customers. The Alameda City Council is poised to join the chorus against the … Continue reading Alameda halts new investments with Wells Fargo

Kaplan to CalPERS: Divest from Dakota and Keystone XL pipelines

Oakland Councilmember Rebecca Kaplanat Standing Rock in late November.OAKLAND CITY COUNCILLast November, Oakland Councilmember Rebecca Kaplan braved blisteringly cold weather to protest the controversial Dakota Access Pipeline. The project along with the Keystone XL pipeline, another project strongly opposed by environmentalists, was subsequently blocked by President Obama, only to be set back in motion Tuesday … Continue reading Kaplan to CalPERS: Divest from Dakota and Keystone XL pipelines

Rebecca Kaplan participated in Standing Rock protests over Thanksgiving

Oakland Councilmember Rebecca Kaplan at the Standing Rock Native American Reservation in the Dakotas last week. PHOTO/Kaplan's office.OAKLAND CITY COUNCIL |Last September, Oakland Councilmember Rebecca Kaplan proposed a resolution to formally oppose the building of the Dakota Access Pipeline (DAPL) at the far-flung Standing Rock Native American Reservation.The Oakland City Council approved the resolution just as the protests … Continue reading Rebecca Kaplan participated in Standing Rock protests over Thanksgiving