Workers, community groups deliver invoice to banks demanding payment in cities across California, including Sacramento
In a new report released Aug. 10, research details how Wall Street owes California tax payers billions and continues to bilk the state in the foreclosure crisis, loss in lending to small businesses, unpaid property tax and more.
The report, which was compiled by various community organizations and is called "Wake Up Wall Street", raises concerns that Wall Street's indiscretions have forced tough decisions on local governments.
"First, Wall Street tore down our economy. Now, we're in the middle of the sequel: destroying our schools and our communities," said John Cranshaw an Alliance of Californians for Community Empowerment (ACCE) member. "Unless we stand up to them now, soon we won't have much to stand up and defend."
Read the "Wake Up Wall Street" report [PDF] >>
Join Local 1000 in a coalition to make big banks pay us back >>
"First, Wall Street tore down our economy. Now, we're in the middle of the sequel: destroying our schools and our communities," said John Cranshaw an Alliance of Californians for Community Empowerment (ACCE) member. "Unless we stand up to them now, soon we won't have much to stand up and defend."
Read the "Wake Up Wall Street" report [PDF] >>
Join Local 1000 in a coalition to make big banks pay us back >>