TARGET BARCLAYS - SHUT ITT
Saturday 8th May
Picket of Barclays - 11am, North Street, Brighton
Why not organise actions against Barclays in your own town...
Barclays Banks are the New York Stock Exchange (NYSE) market maker for ITT Corporation. ITT Corporation own EDO MBM/ITT in Brighton.
There has been a five year long campaign of direct action against EDO MBM/ITT aimed at persuading them to stop producing weapons components in Brighton. EDO's components are used by the US and UK in Iraq and Afghanistan and Israel in Palestine.
As ITT’s market maker, Barclays act as a ‘middle man’, purchasing shares from a seller and holding them until such a time as a buyer becomes available. This ensures the stability of ITT’s share price by allowing shareholders to sell off their assets at any time, even when a a buyer is not immediately available, and vice versa. Barclays also profits from this enterprise by selling ITT’s shares at a small markup, which nevertheless generates a considerable income when spread across large sales.
For more information on 'market makers' click
http://beginnersinvest.about.com/od/beginnerscorner/l/blmarketmakers.htm
Smash EDO are calling for autonomous actions against Barclays Bank to force them to stop providing 'market maker' services for ITT Corporation on the NYSE. By performing marker services for ITT Barclays Bank are profiting from EDO's complicity in civilian deaths in Palestine, Afghanistan and Iraq. Barclays are the largest UK investor in the global arms trade. Bankers and institutional investors are the glue that finances the state terror wreaked by the arms trade. Companies like EDO do not operate in a vacuum but are propped up by the networks of corporations and investors which constitute the global capitalist system which puts profit before peace, greed before people.
Barclays are the largest UK investor in the arms trade. For more information on Barclays Bank's arms trade investments see War on Want's report, 'Banking on Bloodshed'
For other details see Smash Edo's news page or email
smashedo@riseup.net You can report your actions (securely) at www.indymedia.org.uk
Saturday 8th May
Picket of Barclays - 11am, North Street, Brighton
Why not organise actions against Barclays in your own town...
Barclays Banks are the New York Stock Exchange (NYSE) market maker for ITT Corporation. ITT Corporation own EDO MBM/ITT in Brighton.
There has been a five year long campaign of direct action against EDO MBM/ITT aimed at persuading them to stop producing weapons components in Brighton. EDO's components are used by the US and UK in Iraq and Afghanistan and Israel in Palestine.
As ITT’s market maker, Barclays act as a ‘middle man’, purchasing shares from a seller and holding them until such a time as a buyer becomes available. This ensures the stability of ITT’s share price by allowing shareholders to sell off their assets at any time, even when a a buyer is not immediately available, and vice versa. Barclays also profits from this enterprise by selling ITT’s shares at a small markup, which nevertheless generates a considerable income when spread across large sales.
For more information on 'market makers' click
http://beginnersinvest.about.com/od/beginnerscorner/l/blmarketmakers.htm Smash EDO are calling for autonomous actions against Barclays Bank to force them to stop providing 'market maker' services for ITT Corporation on the NYSE. By performing marker services for ITT Barclays Bank are profiting from EDO's complicity in civilian deaths in Palestine, Afghanistan and Iraq. Barclays are the largest UK investor in the global arms trade. Bankers and institutional investors are the glue that finances the state terror wreaked by the arms trade. Companies like EDO do not operate in a vacuum but are propped up by the networks of corporations and investors which constitute the global capitalist system which puts profit before peace, greed before people.
Barclays are the largest UK investor in the arms trade. For more information on Barclays Bank's arms trade investments see War on Want's report, 'Banking on Bloodshed'
For other details see Smash Edo's news page or email
smashedo@riseup.net You can report your actions (securely) at www.indymedia.org.uk
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