Representatives from the National Training and Information Center, Rainbow Push, the NAACP, the South Austin Coalition and Congressman Danny Davis challenged Wall Street Investment Bankers to have a heart this holiday season. Holding a new report, Wall Street and The Making of the Subprime Disaster, community leaders said all you have to do is follow the money to see that Wall Street investment bankers are the one holding the gun when it comes to the country’s foreclosure crisis.
The Chicago press conference took place on city’s westside where community leaders, homeowners, and neighbors challenged Wall Street Investment Banks Merril Lynch, Bear Stearns, Morgan Stanley, Goldman Sachs, and Lehman Brothers to donate the lavish bonuses they have made at the expense of American families back to a fund that would be desisgned to prevent homeowners and ensure that families have a home for the holidays.
Filed under: Action, Uncategorized
