Protests rock Chicago bankers conference

assets/Uploads/_resampled/CroppedImage6060-ScottMarshallBW.jpg
by: Scott Marshall
October 26 2009

tags: , , , , ,

bank 1500x300

CHICAGO — Chanting "ABA you're the worst, time to put the people first," over 1,000 people confronted the officers of some of America's biggest banks today, Oct. 26, on the second of three days of protest during an ABA (American Bankers Association) conference. Tomorrow on the third day thousands more, including AFL-CIO president Richard Trumka and Change to Win president Anna Burger, will demonstrate in the name of taxpayers, retirees, family farmers, clergy, workers, students, homeowners, and community allies.

Today's protest also included protesters taking over the lobby of Goldman Sachs Chicago Headquarters demanding that the officers accept a letter from people hurt by their policies. Protesters carried signs demanding rigorous re-regulation of banks and financial institutions and for breaking up the biggest banks deemed "too big to fail."

Post your comment

Comments

  • I am disappointed there were not enough signs condemning the President for his bailout of the banks. If we wish to be truly to the left we must hold everyone accountable.

    Posted by detectivetom, 10/29/2009 4:03am (3 months ago)

  • By "old way," I assume you mean "from a partisan Marxist-Leninist perspective".
    It's great to see people organizing against the banks. However, re-regulation and letters aren't going to produce the results that workers need. A Marxist analysis would point out that greed or a lack of virtue isn't the problem; capitalism is. The logic of the capitalist system is the driving force behind the actions of these bankers and the rest of the bourgeoisie. As the Party press, it's PW's job to point that out. Reporting on these struggles is important, but we have to combine that with a solid Marxist critique, in order to push the struggle to the next level.

    Posted by Nicholas Hewko, 10/29/2009 1:00am (3 months ago)

  • I really liked Scott's article. It was short, clear and to the point. As for the photos and the slide show; the old expression "one picture is worth a thousand words" sums up my opinion of using so many photos.

    Congratulations to Scott Marshall and John Bachtell, the editor, Teresa Albano and the staff of the new "Peoples World" newspaper for showing us how to move into the field of internet news.

    Congratulations to the CPUSA, it's chair Sam Webb, and to all the comrades that fought to change the old way of reporting the news.

    In Unity and the Struggle for Change,
    Lance Cohn.


    Posted by Lance Cohn, 10/28/2009 1:38pm (3 months ago)

RSS feed for comments on this page | RSS feed for all comments