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Protesters demand banks address foreclosures
Friday, July 03, 2009

In a gathering Downtown this morning, protesters demanded that three major banks take action to address the foreclosure crisis.

About 15 members of ACORN (Association of Community Organizations for Reform Now) protested against Goldman Sachs' Litton, Barclay's HomEq, and American Home Mortgage for not participating in President Obama's foreclosure prevention program.

"It's downright wrong that these corporate giants, including some of the largest recipients of taxpayer bailouts, have refused to take this simple step to prevent foreclosures and fix the economy," said a flier handed out by the protesters. "We need the Federal Reserve to hold these home wreckers accountable."

The protest began at 10 a.m. outside the Federal Reserve Building on Grant Street and lasted about 20 minutes.

ACORN, a national organization that advocates for low- and moderate-income families, held similar protests nationwide today.

First published on July 3, 2009 at 11:38 am
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