Corporate Accountability Newsroom

There is a Brian Moynihan imposter on the loose.

This morning a quite realistic-looking press release said the bank has launched a new campaign — “Your Bank of America.” Dressed in BofA’s famed “flagstaff” logos and color–it’s even the right fonts–the “release” says the bank is on a quest to find out how banking should happen and wants America’s help.

On a related website, yourbofa.com, a letter purporting to be from CEO Brian Moynihan kicks off with “Today, it’s time to acknowledge that our Bank isn’t working anymore.”

Becky Tarbotton, an executive director of the Rainforest Action Network, called Wells Fargo "one of the worst corporate offenders" when it comes to tax payments and other issues. "The Occupy movements has opened a real space to talk about inequality and corporate power in this country. We are channeling that energy into focused pressure" at annual meetings, she said during a conference call with reporters on Monday.

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Looking to build on the Occupy Wall Street movement, activists say they're turning to corporate shareholder meetings this spring to vent their anger over economic disparity in the United States and to promote an assortment of other causes.

A group called 99% Power -- a reference to those not among the top 1 percent of earners -- says it plans actions at 36 shareholder meetings, with the first big push coming at Tuesday's Wells Fargo & Co gathering in San Francisco.