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Follow The Money

Photo Gallery - Money Trail Highlights Wells Fargo's Funding

of Payday Lenders - April 25, 2005

Audio coverage of event (MP3 @ 9.9 mb)

Community groups marched in support of CRA-NC's anti-predatory lending shareholder resolution to be voted on at Wells Fargo's annual shareholder meeting on April 26.  Members of CRA-NC and the California Reinvestment Coalition (CRC) followed a money trail of oversized dollar bill footprints leading from the Wells Fargo Bank at 3027 16th Street in San Francisco to a nearby Money Mart.  There, a giant check for $55 million was presented - the amount that Wells Fargo funds Money Mart to make 460% interest rate loans.