Workers gave pink slips to the country's top bankers Tuesday morning to culminate three days of protests, billed as the Showdown in Chicago, during the American Bankers' Association's annual meeting.
After "firing" the bank CEOs, Adam Kader of the workers group Arise Chicago presented a notice that the banks' $17.8 trillion "loan" in taxpayer-bailout funds is due since, he said, banks have not complied with the conditions placed on the handout by the people.
Along with decrying the financial deregulation that facilitated the economic crisis and the "corporate greed" exhibited in exorbitant bonuses and salaries for industry executives even after the bailout, protesters made several concrete demands.
"The bankers can't really do anything," he said. "I want to see the government stop bailing them out. They've given trillions to the banks and the war in Iraq. How about a trillion for jobs, food, schools and a moratorium on foreclosures."
blueridge on 10-30-2009 2:59 PM