A new movement is emerging to divest from bank responsible for the housing mortgage crisis and the global capitalist meltdown.
Detroiter's get it. They know banks received a $700 billion, taxpayer supported bailout but defiantly continue to force people out of their homes.
Downtown San Jose rang with activists' chants and the honking horns of supportive motorists Oct. 9, as a labor-community coalition rallied in support of Occupy San Jose.
In terms of foreclosures, 8 out of 10 hardest hit cities in the nation are in California. Harris said that in 11 months of talks, more than half-million homes had entered foreclosure in the state.
Home foreclosures grew sharply in August, a marked 33 percent increase after slowing to a trickle over the last year, making it the sharpest rise in four years.
The foreclosure crisis which continues to ravage communities across the country is also harming working people in New York City, even though 64% of the city's 8 million residents live in rental apartments.
Over a dozen banks will compensate victims for losses that occured as a result of mistakes on foreclosures according to an agreement reached with government regulators today.
Protestors in St. Louis crashed an annual breakfast where corpoarte leaders, politicans and bank executives were meeting, demanding they be held responsible for wrecking the economy.
If the state's foreclosure rate continues unchecked, the combined costs to homeowners, the property tax base, and local governments could reach $1 trillion.
Bank of America got a Valentine's Day surprise with a picket line protesting the bank's receiving "unrequited love" in the form of tax breaks from the community.