February 26th, 1970 Timeline


5:00 PM


William Kunstler, an activist lawyer, gives a speech at Perfect Park.

Richard Underwood is beat and arrested by police for holding a “molotov cocktail”, which was actually an open bottle of wine.

Students start hitting patrolling police cars with rocks in protest of this beating and attempted arrest and the crowd grows to round 500-700 people.


5:30 PM


Windows at Isla Vista Realty, Embarcadero Company, Income Property Management, Ventura Realty, Finear Realty, the Brazen Onager, and the Village Green are broken.


6:30 PM


Someone puts a burning trash can inside of Bank of America and 100-150 officers arrive in full riot gear and begin sweeping the crowd.

Police approached from around the Enco station and the Magic Lantern.

Students tried to flee but were met with more police force and the students turn and charge the officers.

The police run while students hurl rocks at them and then officers in turn throw rocks back at the crowd.

Second batch of police officers arrive from a transit bus parked on Camino Pescadero.

The first group of officers leave on the bus while students continue to pelt them with rocks, breaking five or six windows on the bus.


7:30 PM


Crowd reaches 1,500. A patrol car is burned and overturned in front of American Records on Embarcadero Del Mar. All Isla Vista and campus entrances are roadblocked by police and no cars can get in or out of the area.


9:30 PM


Four cans of tear gas are thrown into the crowd from a 1962 Ford Falcon.

Tear gas is also thrown around “…Isla Vista Realty, on Sabado Tarde, and at the corner of Embarcadero del Norte and Seville” (El Gaucho, 1).

Students block traffic using garbage cans and there’s a second tear gas raid around Village Market and the Bank of America building.


11:30 PM


Someone burns a pile of papers and furniture inside the Bank of America building and soon the whole building is on fire.


12:00 AM


The building burns, the roof caves in, the crowd grows even bigger, and the police place more barricades in the streets.


2:30 AM


Law enforcement agents from other schools congregate at San Rafael Dorm.

Santa Barbara County Sheriff James Webster flies overhead in a helicopter and warns the crowd to either be arrested or disperse.


3:00 AM


Crowd begins to die down.

Police sweep the streets and arrest people who failed to disperse.

Police search apartments of those suspected to participate in the demonstration.

A helicopter shines a spotlight on the streets, searching for crowd members.


4:00 AM


The helicopter leaves.

Someone starts a trash fire at the top of the loop and KCSB members are ordered to leave the Wooden House Restaurant on Embarcadero Del Mar.


4:30 AM


Local hospitals report injuries from that night.

Two people are treated for tear gas burns and two officers are treated for superficial wounds and a face laceration.

Eighteen to twenty five police cars continue to drive by and arrest anyone on the streets for failing to disperse.


6:00 AM


Around 15-20 people were reportedly arrested over the course of this night.


El Gaucho, Vol. 50-No. 87

Boycott BofA Pamphlet

“With the money you deposit at the Bank of America, B of A:

Supports the racist system of apartheid:


As of April 1977, BofA had African interests. According to B of A, ‘Nearly one-half of this $188 million represents short-term loans to commercial banks.  Over one-fourth of the total was to private and public corporations for trade-related purposes or financing of industrial development policies.  The largest recipient of the balance was the government, which received short-term loans to cover balance of payment deficits.

 

Supports the military-industrial complex:


Throughout the Vietnam War, B of A loaned money to manufacturers of armaments. For instance, B of A, along with several other banks, established a $200 million revolving credit fund for Boeing, manufacturer of the B-52 and the Minuteman missile.  B of A also loaned money to transporters of military supplies.  B of A loaned $54 million to World Airways, $21 million to Trans International, $20.1 million to Saturn Airways, and $16.5 million to Capitol International.  In 1970, B of A controlled some of the largest holdings in Aircraft International and Flying Tiger, the two largest transporters of military freight in the world at the time.  Litton Industries, holder of almost $500 millio[n] of defense contracts in 1968 was $474 million in debt in 1969, much of that to B of A.

 

Takes money from poor communities (such as Isla Vista) and invests it in richer communities:


Although B of A claims to be a community bank, at present it has no business loans, no home mortgages and only one minor home improvement loan in Isla Vista. In fact, it doesn’t even have a loan officer at the Isla Vista branch.  In other low income neighborhoods such as Guadalupe and Santa Barbara’s Eastside, the pattern is similar.

 

Supports giant agribusiness and the exploitation of farmworkers:


B of A finances over 50% of California agribusiness. In the past, B of A has refused to negotiate with the United Farmworkers Union on land that it owns.  In 1972, the bank donated $10,000 to the Prop. 22 campaign to prevent farmworkers from organizing.  B of A donated the money to start and continues to donate money to the Giannini Foundation at U.C. Davis.  The Giannini Foundation does research on farm mechanization that puts farm-workers out of work.  No research is done on how to transfer farmworker to other work once their jobs are taken away from them by machines.. In 1964, the president of B of A and Chair of the State Board of Agriculture Jesse Trap fought the termination of the Bracero Program.  In 1970, B of A president A.W. Clausen supported the Murphy Bill, a bill to restore the Bracero Program.  Senior Vie-President for Agribusiness Robert Long stated that the bill would ‘provide a necessary labor force that is not available elsewhere.’

 

Actively discourages unionization among its employees:


B of A’s own literature says: ‘WE will continue to review all policies related to personnel in order to assure that those policies effectively discourage unionization.’

 

Supports an unbalanced ecosystem:


B of A underwrote the issue of bonds for the State Water Project. Much of this water will find its way to B of A’s customers in Central California.  B of A administered $900 million of bids the state of Alaska received for the land on the North Slope, the home of the oil to flow through the Alaska Pipeline.

 

Supports nuclear power:


B of A and seven other shareholders comprise the Societe Financiere Europeene, which is extensively involved in financing nuclear power.

 

Supports U.S. imperialism and opposes democracy in foreign countries:


From TIME magaz[i]ne, August 18, 1975: ‘Until recently, international publicity about political repression in Chile had undermined Pinochet’s (leader of a military coup that murdered Salvador Allende and overthrew the democratically elected government he headed) efforts to obtain desperately needed aid. In the past few weeks however, a group of American banks that included First National City, Bank of America, Morgan Guaranty, and Chemical Banks had put together a $70 million renewable credit for Chile.’  B of A is the world’s largest non-government owned bank.  It has 96 foreign branch offices, numerous subsidiaries and affiliates in 52 countries or territories.

 

Is part of the increasing concentration of financial power in the United States and the increasing control of your life by corporations:


As of 1973, members of the Board of Directors of BankAmerica Corp. or the Bank of America National Trust and Savings Association also sat on the Board of Directors of Pacific Telephone and Telegraph (5), DiGiorgio Corp. (4), Broadway-Haly Stores (4), Union Oil (2), Getty Oil (2), Standard Oil of Cal. (2) Standard Research Institute (2), Southern Cal. Edison (2), Time-Mirror Inc. (2), Ford, Bank of Hawaii, Household Finance, Northrup, Chrysler and many others.

B of A’s corporate connections go even further. They own stock (as of 1973) in American Cyanamid, American Home Products, Amfac, Atlantic-Richfield, Catapillar Tractor, Coca-Cola, Dow Chemicals, Exxon, General Motors, Mersh and Company, Minnesota Mining and Manufacturing, Pabst Brewing, Procter and Gamble, Quaker Oats, Standard Oil of Cal., Standard Oil of Indiana, Texaco, Tennaco and Union Carbide

 

Uses you as an experiment in marketing techniques:


That’s right! The Isla Vista branch of B of A is an experimental branch to study marketing for college-aged people.  We hate to say it, but you are the guinea pig.”

 


Works Cited

“Boycott BofA” pamphlet, Bank of America: South Africa, 4]. University of California, Santa Barbara, Associated Students Records. UArch 21. Department of Special Collections, Davidson Library, University of California, Santa Barbara.

Bank of America Burning

February 27th, 1970


The IV Bank of America Burning was an intense, historical moment of student activism and social justice at UCSB.  It began as a peaceful protest at Perfect Park and spiraled into a community-wide retaliation against all symbols of corrupt justice.  Students sought to fight bigger powers at play such as Bank of America, and clashed with Isla Vista police during the chaotic events that occurred on February 27th, 1970.  

This historic night originated with protests and boycotts of Bank of America, sparked by the students at UCSB.  BOFA had been giving illegal loans to South African countries and indirectly supporting apartheid against government regulations, amongst other unsavory endeavors.  It illegally funneled money to the Pretoria Regime, which consisted of mostly white men in South Africa enforcing discriminatory apartheid rules towards the black population.   By funding their military and economic endeavors, Bank of America was supporting the perpetuation of a deadly racist society in order to gain access to mineral resources in South Africa.  Corporations like these have monetized human suffering for years, and the students in Isla Vista no longer tolerated the blind acceptance of Bank of America’s human rights violations. Supporting apartheid was only one of the numerous reasons why students were against Bank of America; the rest are outlined in archived pamphlets, flyers, and informational documents created for students by students to shed light on the power we hold as consumers to invest in businesses that are economically and socially held accountable for their actions.

 

 


[Reasons to Boycott BOFA, Bank of America: South Africa File, Box 4]. University of California, Santa Barbara, Associated Students Records. UArch 21. Department of Special Collections, Davidson Library, University of California, Santa Barbara.

Despite numerous protests, pamphlets, and speeches, people continued to use Bank of America and Bank of America continued to support apartheid, amongst other unsavory endeavors.  And though these students were inspiring change, it wasn’t at the national scale it needed to be to execute a long-lasting, effective boycott by consumers.  This frustration in addition to already tense relations with police officers caused students to attack any symbol of “lawful institution” that tried to control them.

Documented here is a timeline of events that occurred in Isla Vista during the several days that the Bank of American Burning took place:

Kaye, Hillary. (1970, February).  Cops occupy I.V.: injuries. Arrests.  El Gaucho, Retrieved from https://alexandria.ucsb.edu/downloads/pr76f457z

 

Student responses to this violent protest were also documented during a Letter To The Editor publication about the Isla Vista Bank Burning.  They shared their opinion on the violence that took hold overnight, and the students’ struggle for worldwide justice versus their struggle for local peace.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

During the 25 year anniversary of the Bank of America Burning, the Daily Nexus recovered more personal accounts of the night from faculty, students, and local residents that were in the area during the riots:

 

 

   
Robertson, Nick. (1995, February).  Witnesses recall the day that caused a ‘State of Emergency’ Declaration in Isla Vista, Retrieved from https://www.alexandria.ucsb.edu/downloads/3b591979r

This account clarified many misconceptions about the catalyst of the Bank Burning.  William Kuntsler, the chief defense attorney in the “Chicago 8” case, gave a speech at Harder Stadium that people believed would incite a riot.  Cops gathered in Perfect Park, awaiting a massive disturbance, when the students were simply participating in a peaceful union in the park.  “‘They were dressed up in full riot gear, ready for anything. Then came a bunch of peaceful students coming back from the speech. It was an interesting contrast’” (6).  This account of the burning pinpoints Richard Underwood’s violent apprehension as the spark that set off what would be known as one of the most violent instances of chaos, confusion, and destruction in IV history.  

There are more details about the night presented in this special anniversary spread, as well as  snippets of resident testimonies and personal recollections of the events that occurred:

 

 

 

 

ROBERTSON, NICK. (1995, FEBRUARY).  WITNESSES RECALL THE DAY THAT CAUSED A ‘STATE OF EMERGENCY’ DECLARATION IN ISLA VISTA, RETRIEVED FROM HTTPS://WWW.ALEXANDRIA.UCSB.EDU/DOWNLOADS/3B591979R

 

The testimonies surrounding the Isla Vista Bank Burning portray a closer look into the resident mentality during this state of mass destruction and violent chaos.  The events that spiraled out between students and police officers originated with Bank of America’s devotion to profit from human suffering. Students in IV protested such gross mistreatment through gatherings, marches, and informational flyers.  The goal of the Perfect Park protest wasn’t to destroy the city they live in; the people simply wanted their voices heard and concerns acted upon. They wanted some semblance of control on their side and to make a change on behalf of those who couldn’t speak for themselves.  This doesn’t excuse the violence that erupted out of this movement, nor does it attack the actions of the police officers attempting to quell this event. It merely emphasizes the deep-seated rift between those who seek to enact and those who enforce justice in Isla Vista.


By: Frances Woo


Works Cited

[“Bank of America and South Africa” article, Bank of America: South Africa, 4]. University of California, Santa Barbara, Associated Students Records. UArch 21. Department of Special Collections, Davidson Library, University of California, Santa Barbara.

[“Looking for a Place to Bank?  Five Good Reasons to Consider Avoiding the Bank of America” flyer, Bank of America: South Africa, 4]. University of California, Santa Barbara, Associated Students Records. UArch 21. Department of Special Collections, Davidson Library, University of California, Santa Barbara.

Bank of America Burning

February 27th, 1970


The IV Bank of America Burning was an intense, historical moment of student activism and social justice at UCSB.  It began as a peaceful protest at Perfect Park and spiraled into a community-wide retaliation against all symbols of corrupt justice.  Students sought to fight bigger powers at play such as Bank of America, and clashed with Isla Vista police during the chaotic events that occurred on February 27th, 1970.  

This historic night originated with protests and boycotts of Bank of America, sparked by the students at UCSB.  BOFA had been giving illegal loans to South African countries and indirectly supporting apartheid against government regulations, amongst other unsavory endeavors.  It illegally funneled money to the Pretoria Regime, which consisted of mostly white men in South Africa enforcing discriminatory apartheid rules towards the black population.   By funding their military and economic endeavors, Bank of America was supporting the perpetuation of a deadly racist society in order to gain access to mineral resources in South Africa.  Corporations like these have monetized human suffering for years, and the students in Isla Vista no longer tolerated the blind acceptance of Bank of America’s human rights violations. Supporting apartheid was only one of the numerous reasons why students were against Bank of America; the rest are outlined in archived pamphlets, flyers, and informational documents created for students by students to shed light on the power we hold as consumers to invest in businesses that are economically and socially held accountable for their actions.

 

 

[Reasons to Boycott BOFA, Bank of America: South Africa File, Box 4]. University of California, Santa Barbara, Associated Students Records. UArch 21. Department of Special Collections, Davidson Library, University of California, Santa Barbara.

 

Despite numerous protests, pamphlets, and speeches, people continued to use Bank of America and Bank of America continued to support apartheid, amongst other unsavory endeavors.  And though these students were inspiring change, it wasn’t at the national scale it needed to be to execute a long-lasting, effective boycott by consumers.  This frustration in addition to already tense relations with police officers caused students to attack any symbol of “lawful institution” that tried to control them.

Documented here is a timeline of events that occurred in Isla Vista during the several days that the Bank of American Burning took place:

Kaye, Hillary. (1970, February).  Cops occupy I.V.: injuries. Arrests.  El Gaucho, Retrieved from https://alexandria.ucsb.edu/downloads/pr76f457z

 

Student responses to this violent protest were also documented during a Letter To The Editor publication about the Isla Vista Bank Burning.  They shared their opinion on the violence that took hold overnight, and the students’ struggle for worldwide justice versus their struggle for local peace.

 

During the 25 year anniversary of the Bank of America Burning, the Daily Nexus recovered more personal accounts of the night from faculty, students, and local residents that were in the area during the riots:

   [Robertson, Nick. (1995, February).  Witnesses recall the day that caused a ‘State of Emergency’ Declaration in Isla Vista, Retrieved from https://www.alexandria.ucsb.edu/downloads/3b591979r]

 

This account clarified many misconceptions about the catalyst of the Bank Burning.  William Kuntsler, the chief defense attorney in the “Chicago 8” case, gave a speech at Harder Stadium that people believed would incite a riot.  Cops gathered in Perfect Park, awaiting a massive disturbance, when the students were simply participating in a peaceful union in the park.  “‘They were dressed up in full riot gear, ready for anything. Then came a bunch of peaceful students coming back from the speech. It was an interesting contrast’” (6).  This account of the burning pinpoints Richard Underwood’s violent apprehension as the spark that set off what would be known as one of the most violent instances of chaos, confusion, and destruction in IV history.  

There are more details about the night presented in this special anniversary spread, as well as  snippets of resident testimonies and personal recollections of the events that occurred:

 

 

 

 

[ROBERTSON, NICK. (1995, FEBRUARY).  WITNESSES RECALL THE DAY THAT CAUSED A ‘STATE OF EMERGENCY’ DECLARATION IN ISLA VISTA, RETRIEVED FROM HTTPS://WWW.ALEXANDRIA.UCSB.EDU/DOWNLOADS/3B591979R]

 

The testimonies surrounding the Isla Vista Bank Burning portray a closer look into the resident mentality during this state of mass destruction and violent chaos.  The events that spiraled out between students and police officers originated with Bank of America’s devotion to profit from human suffering. Students in IV protested such gross mistreatment through gatherings, marches, and informational flyers.  The goal of the Perfect Park protest wasn’t to destroy the city they live in; the people simply wanted their voices heard and concerns acted upon. They wanted some semblance of control on their side and to make a change on behalf of those who couldn’t speak for themselves.  This doesn’t excuse the violence that erupted out of this movement, nor does it attack the actions of the police officers attempting to quell this event. It merely emphasizes the deep-seated rift between those who seek to enact and those who enforce justice in Isla Vista.


By: Frances Woo


Works Cited

[“Bank of America and South Africa” article, Bank of America: South Africa, 4]. University of California, Santa Barbara, Associated Students Records. UArch 21. Department of Special Collections, Davidson Library, University of California, Santa Barbara.

[“Looking for a Place to Bank?  Five Good Reasons to Consider Avoiding the Bank of America” flyer, Bank of America: South Africa, 4]. University of California, Santa Barbara, Associated Students Records. UArch 21. Department of Special Collections, Davidson Library, University of California, Santa Barbara.