On the 9th of October, Climate First! showed up at the I st offices of Morgan Stanley, demanding they divest themselves of all investments in mountaintop removal coal mining. This was part of a nationwide day of action against Morgan Stanley called by Rainforest Action Network.
At least 11 of Morgan Stanley’s competitors have dumped MTR coal mining or are in the process of doing so, including JP Morgan Chase, Wells Fargo, PNC Bank, Bank of America, and several European banks. Rainforest Action Network (RAN) is demanding that Morgan Stanley go further and dump all their investments in all parts of the coal and coal fired electrical generating industries.