Tuesday, October 27, 2009

'Showdown In Chicago' Brings Out 1000 Protesters At Banking Conference from Crooks and Liars


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[H/t Heather]

Via Raw Story, the heartwarming news that bankers aren't getting to celebrate in peace at their annual conference:

The annual American Bankers Association meeting in Chicago is not going as planned.

Besieged by activists from the Service Employees International Union, the AFL-CIO and Americans for Financial Reform, the leaders of America's financial sector were interrupted Sunday night as a throng of protesters poured into the conference area and began to chant.

The meeting, scheduled to continue through Tuesday, will feature "[exceptional] speakers like FDIC Chairman Sheila Bair, Comptroller of the Currency John Dugan, former Speaker of the House Newt Gingrich, and political commentator George Will," the ABA's site announced.

"All we wanted to do was deliver a letter to the Wall Street bankers to let them know how much they've hurt our communities - and what they need to do to clean up their act," the SEIU's blog declared. "They wouldn't listen to us. They kicked us out. But the bad news for them is that we'll be back.

Instead of delivering a letter, they shouted their message. "Bust up big banks!" activists chanted. When police confronted a senior who was damning the ABA over a loudspeaker, the crowd shifted into cries of "Shame on you! Shame on you!"

When police finally got around to pushing them out, cheers of "We'll be back" shook the hotel's lobby.

"Our demand is simple: stop taking our tax dollars and squandering them away on billion dollar bonuses and massive lobbying campaigns against financial reform," the SEIU said.

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