Occupy Wall Street has raised more than $500,000 in New York alone to support anti-greed demonstrations and, seven weeks into the movement, protesters are finding that having money creates headaches, according to Reuters.
The challenges have included how to become a non-profit entity, how to deal with credit card companies withholding donations, choosing a bank that shares the movement's philosophy and budgeting what to spend cash on. The totals raised -- more than $500,000 in New York and around $20,000 in Chicago, Richmond and other cities -- have surprised everyone from the protesters to those overseeing their finances.
"I figured they would bring in maybe $10,000, maybe $20,000 and it would be no big deal. They were quickly bringing in that much and more a day," said Chuck Kaufman, the Tucson-based national co-coordinator of Alliance for Global Justice (AFGJ), the movement's fiscal sponsor. "We were surprised and unprepared so it was a scramble to get our end of the system functioning at the volume the money was coming in."
Find out more at http://www.reuters.com/article/2011/11/02/us-usa-wallstreet-protests-money-idUSTRE7A12DY20111102
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