Protestors sang Christmas Carols to Goldman Sachs employees and want their money back!


Location

Goldman Sachs
200 West Street
New York, NY
United States

Working people, seniors and oraganizers from Neighborhood Economic Development Advocacy Project, Americans for Financial Reform, NY Jobs for justice, NYPIRDG posed as carol singers today outside the New York downtown offices of Goldman Sachs on West Street protesting the banks plan to hand out $150 billion compensation and bonuses today.

Mireille Leroy a resident of Queens is an organizer with New York City for Change said enough is enough, we are not standing for it anymore.

Today’s organizers said Wall Streeters are raking in $75 million an hour in pay while the rest of us are worried about losing our jobs, home homes, our businesses, and it is clear Wall Street isn’t going to reform itself.  At the carol singing press conference was April Tyler from Neighborhood Economic Development Advocacy Project and Americans for Financial Reform who says they have been fighting for government reform of the finance industry.

Tyler said taxpayers provided Wall Street and big banks with $17.8 trillion in bailouts and guarantees.  Since then the financial industry has little to help more than 10,000 families facing foreclosures each day, 7 million workers have lost their jobs since the financial crisis began, and state and local government are coping with massive budget cuts.  And the banaks have joined insurance and real estate industries to spend more that $321 million fighting reforms in Congress.

Other people are fighting back, too.  Members of SEIU staged their own protest.  The Security Police and Fire Professionals of America Retirement Fund, a public pension fund sued Goldman on Monday for paying its employees too much money.

Protestors sang Christmas Carols to Goldman Sachs employees and want their money back!
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