Occupied UBS London office becomes The 'Bank of Ideas'

Sun Nov 20 00:00:13 GMT 2011

Welcome!
http://www.bankofideas.org.uk/welcome/
The Bank of Ideas is situated on Sun Street, 
Hackney in an abandoned office block purchased 
several years ago by the bank UBS. It is an 
enormous space complete with a 500-seater lecture hall.
It has been opened to the public for the 
non-monetary trade of ideas to help solve the 
pressing economic, social and envionmental problems of our time.
There is also room for community groups, youth 
clubs, nursuries and other public services that 
have lost their space due to Government spending cuts.
Artists, performers and creatives are welcome to 
come entertain and to help transform the space. 
We also encourage games, workshops and 
skillshares on anything from yoga to yahtzee.
The only prerequisite is that this space is not 
for financial transactions. Trade in ideas or 
skills, but no one should need to pay to take part in the Banks activities.
Everyone should feel safe and welcome in the 
Bank.  Our Safer Spaces Policy asks people to be 
mindful and respectful of how their ideas or 
actions might effect others, and there is a No 
Drugs and Alcohol Policy. As this is a public 
space any damage or disrespect to the property 
would be an act of disrespect and violence 
towards your own community, a community trying to 
come together to find positive solutions to our 
current crises. We ask all people who come into 
the space to come in with respect.
Everyone is warmly welcome and encouraged to come 
and be part of creating the Bank of Ideas. Email 
us with your ideas, suggestions and requests at bankofideaslondon at gmail.com.
Thank you very much for reading!

photos:
http://www.demotix.com/news/931955/occupy-london-officially-open-bank-ideas

Occupied UBS office complex will become a 'bank of ideas'
By staff writers
18 Nov 2011
http://www.ekklesia.co.uk/node/15737
Occupy London has announced its takeover of a 
huge abandoned office block in the borough of 
Hackney belonging to controversial investment bank UBS.
It describes the move as a public repossession 
of the multimillion pound complex, which has been empty for several years.
The group say the space will be reopened on 
Saturday morning as the Bank of Ideas. An 
events programme is being lined up, including 
talks from Palestinian activists, comedy from 
Josie Long and a session led by trader Alessio 
Rastani, who sent shockwaves through the media 
following a provocative interview on the Eurozone crisis.
Overnight on Thursday 17 November 2011, a dozen 
activists from OLSX gained access to the building 
and secured it, giving them a legal claim on the space.
The site is the groups third space and its first 
building, adding to its two camps at St Pauls 
Courtyard  near the London Stock Exchange in the 
heart of the City  and at Finsbury Square (borough of Islington).
Occupy London supporter Jack Holburn explained: 
While over 9,000 families were kicked out of 
their homes in the last three months for failing 
to keep up mortgage payments  mostly due to the 
recession caused by the banks  UBS and other 
financial giants are sitting on massive abandoned properties.
He continued: As banks repossess families 
homes, empty bank property needs to be 
repossessed by the public. Yesterday we learned 
that the Government has failed to create public 
value out of banking failure. We can do better. 
We hope this is the first in a wave of public 
repossessions of property belonging to the 
companies that crashed the global economy.
On plans to transform the building, Sarah Layler 
of Occupy London added: The Bank of Ideas will 
host a full events programme where people will be 
able to trade in creativity rather than cash. We 
will also make space available for those that 
have lost their nurseries, community centres and 
youth clubs to savage Government spending cuts.
The Bank of Ideas is a non-residential 
occupation, says OLSX, so visitors are asked not to bring their sleeping bags.
The complex will be free from drugs and alcohol 
from the start, in acordance with Occupy Londons 'safer space' policy.
OLSX is part of a global movement to promote 
economic justice, oppose corporate greed, and 
make financial institutions democratically 
accountable and socially responsible.
is a Swiss global financial services company 
headquartered in Basel and Zurich, Switzerland. 
It provides investment banking, asset management, 
and 'wealth management services' for private, 
corporate, and institutional clients worldwide.
The company was originally an abbreviation for 
the Union Bank of Switzerland, one of its 
predecessors. But UBS ceased to be considered an 
abbreviation after its 1998 merger with Swiss Bank Corporation.
In April 2008 UBS announced that it was writing 
down $19 billion of investments in sub-prime and 
other mortgage assets. Its total losses in the 
mortgage market were in excess of $37 billion as 
the speculation driven financial crisis mounted.
Since the beginning of the global economic shock, 
the company has lost over $50 billion in total 
and has cut more than 11,000 jobs, as well as 
being involved in a major US tax evasion 
controversy and a rogue trader scandal.
* Bank of Ideas: http://www.bankofideas.org.uk/
--
+44 (0)7786 952037
http://groups.google.com/group/uk-911-truth
http://www.youtube.com/user/PublicEnquiry
http://groups.yahoo.com/group/Diggers350/
http://www.reinvestigate911.org/
http://www.thisweek.org.uk/
http://www.911forum.org.uk/
"Capitalism is institutionalised bribery."
_________________
www.abolishwar.org.uk
<http://www.elementary.org.uk>www.elementary.org.uk
www.public-interest.co.uk
www.radio4all.net/index.php/series/Bristol+Broadband+Co-operative
www.facebook.com/media/set/?set=a.1407615751783.2051663.1274106225&l=90330c0ba5&type=1
<http://utangente.free.fr/2003/media2003.pdf>http://utangente.free.fr/2003/media2003.pdf 

"The maintenance of secrets acts like a psychic 
poison which alienates the possessor from the community" Carl Jung
<https://217.72.179.7/members/www.bilderberg.org/phpBB2/>https://217.72.179.7/members/www.bilderberg.org/phpBB2/

Fear not therefore: for there is nothing covered 
that shall not be revealed; and nothing hid that 
shall not be made known. What I tell you in 
darkness, that speak ye in the light and what ye 
hear in the ear, that preach ye upon the housetops. Matthew 10:26-27

Die Pride and Envie; Flesh, take the poor's advice.
Covetousnesse be gon: Come, Truth and Love arise.
Patience take the Crown; throw Anger out of dores:
Cast out Hypocrisie and Lust, which follows whores:
Then England sit in rest; Thy sorrows will have end;
Thy Sons will live in peace, and each will be a friend.
http://tinyurl.com/6ct7zh6 