March 17th marks the national day of action against Barclays called by the Smash EDO campaign. We’ll be demonstrating outside Barclays in Truro from 12 – 2pm that day – come and join us.
Barclays Banks are the New York Stock Exchange (NYSE) market maker for ITT Corporation. ITT Corporation own arms manufacturer, EDO MBM/ITT in Brighton. EDO manufacture equipment to interface between fighter aircraft and the bombs that were dropped in Gaza. In January 2009 Amnesty International found fragments of a MK-82 bomb, EDO MBM/ITT make components for use with this bomb and supply them to US arms companies.
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.