September 7, 2008
Sunday
     

Protesters Enter Bear Stearns Building in New York

Date: 03-27-2008
Type: activism
Categories: CSR - General / Human Rights
Source: Reuters

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.

Organization:
Reuters
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