Proof Boycotts Work
Boycotts do work and sometimes quite well in a short period of time. People in WI went from having M&I bank on a boycott list to an active on the ground boycott that has really taken off. Calls on twitter yesterday implored people to pull their money out of M&I. Today police, fire and teachers all sent official letters to M&I telling them to speak out against Walker and for the workers or face a larger boycott. This morning a local firefighters union pulled $180,000 out of the downtown Madison branch. Many other people were there pulling out money today also along with a large crowd of protesters.
M&I closed the Madison branch mid day.
Multiple people have cited pulling out their funds including businesses pulling out million dollar accounts.