Protesters Enter Bear Stearns Building in New York
About 60
protesters opposed to the U.S. Federal Reserve's help in bailing out Bear
Stearns entered the lobby of the investment bank's Manhattan headquarters demanding assistance
for struggling homeowners.
Demonstrators
organized by the Neighborhood Assistance Corporation of America chanted
"Help Main Street, not Wall Street" and entered the lobby without an
invitation for around half an hour before being escorted out by police.
"There
are no provisions for homeowners in this deal. There are people out there
struggling who need help," said Detria Austin, an organizer at NACA, an
advocacy group for home ownership.
After leaving
Bear Stearns, the crowd moved to JPMorgan.
|