Hundreds rallied in New York throughout midtown Manhattan as part of the Occupy Wall Street’s day of action - protesting America’s banks and their corporate policies. Part of what they described as a global protest against international financial crimes.
Tuesday’s demonstrators took a walking tour past the corporate offices of Citi Group, Wells Fargo, JP Morgan Chase and Bank of America.
Protestors are encouraging each other and the general public to take their money out of America’s biggest banks. Many here feel the corporate financial institutions are responsible for the current economic crisis and should be rewarded foe creating the mess in the first place.
Just this week a top Executive at JP Morgan Chase was forced into retirement after it was learned her investment gambles cost the company and its customers more than 2 billion dollars.
As an alternative to banking at large corporate banks some here are promoting smaller institutions called community credit unions The groups converged in Times Square where they continued to shout their demands for more accountability by banks.
Accountability to the people whose money helps these companies earns billions of dollars a year.