|Shut down the Brighton bomb makers!|
TARGET BARCLAYS - SHUT ITT
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.
Cambridge Activists Target Barclays
From Indymedia - "A small demo was held by Cambridge Anima against Barclays in Market Sq Cambridge on Friday 30th July 2010. The protest was over Barclays collusion with Brighton based arms component makers EDO that has been the centre of a long running campaign to shut the factory." See http://cambridgeanima.webs.com/apps/blog/ for more details
Boris' Barclays Bikes targeted in London
Anti Arms Trade activists worked overnight to cover London's new Barclays Bikes with stickers stating the Banking giant's involvement in the global arms trade.
At the Press launch this morning Barclays chairman Magnus Agius was asked his opinion on the stickers, to which he replied "I have nothing to say". Funny that.
Later, in Leicester Square at a rally by Barclays to launch the bike scheme several protesters stormed the music stage with banners reading; "Barclays finances the arms trade".
DEMO REPORT Saturday 22nd May Picket of Barclays, Brighton - A picket and stall was held outside Barclays on the 22nd May:
Manchester Barclays Picket - Manchester's Target Brimar campaign held a picket and leafletting outside the Barclays Bank in Mosley Street in Manchester on 17th May 2010 in support of the EDO decommissioners and the campaign to persuade Barclay to stop providing market maker services to ITT.
Barclays Banks are the New York Stock Exchange (NYSE) market maker for ITT Corporation. ITT Corporation own EDO MBM/ITT in Brighton.
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.
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'
"Every bomb that is dropped, every bullet that is fired in the name of this war of terror has to be made somewhere. And wherever that is, it can be resisted."