The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.
NEW YORK (TheStreet) -- If the Occupy Wall Street protesters have done nothing else, they've inspired millions of Americans to think long and hard about moving their money into local banks and credit unions. After all, it was big, multinational banks that crashed the world economy, tanked the housing market, and made life miserable for the rest of us, right?
The latest news, photos and videos from the 'Occupy Wall Street' protests.
Now, news reports have it that those same big banks are setting aside hundreds of millions of dollars to reward their employees with hefty year-end bonuses. Shouldn't they be punished somehow? What better way than by being abandoned by their customers?
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV