Subject: "Terrorizing" Corrupticut Rich People
Date: Feb 10, 2009 7:51 AM
Awwww. The poor things!
Rich Yalie and State Employee sluts, liars, drunks, and
perjuring perverts who live in Woodbridge, Kensington,
and Killingworth are next.
Don't forget, the wiretapping and the spy-on-your-neighbor-ing
and the garbage-stealing is a free-for-all.
Kathleen M. Dickson
http://www.actionlyme.org
======================
Homeowner group protests 'predator' CEOs outside their mansions
Stephen C. Webster
Published: Monday February 9, 2009
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If these activists are as dedicated as they are desperate, expect this
to become a trend.
Monday, a group of 350 to 400 at-risk homeowners, organized by the
Neighborhood Assistance Corporation of America, staged a series of
protests outside the mansions of wealthy bankers in a moneyed
Connecticut neighborhood.
"Called the 'Predators Tour' these actions were the start of NACA's
'accountability campaign,' an aggressive, confrontational protest
aimed at several top executives of companies that refuse to allow NACA
to renegotiate the terms of loans on behalf of members, according to
NACA CEO Bruce Marks," reported the Stamford Times.
"Sporting bright yellow shirts that read, 'Stop Loan Sharks,'
protesters demanded more accountability from the CEOs of the financial
institutions responsible for the millions of unaffordable mortgages in
the state and across America," reported NBC New York in an article
titled, "Grab Your Torch and Pitchfork."
Protesters also gathered outside the mansions of William Frey, the CEO
at Greenwich Financial Services, and John Mack, CEO of Morgan Stanley.
"The move was part of the nonprofit group's national accountability
campaign to get company executives to support refinancing loans to
keep people in their homes, according to Liz Floyd, one of the
organizers and a counselor with the group," reported the Stamford
Advocate. "... [The] group believes the executives contributed to the
subprime mortgage crisis."
"During the protest, organizers shouted through bullhorns and carried
signs in the middle of the road for more than an hour, prompting the
police to shut down a portion of Glenville Road, according to Lt.
James Heavey," reported the Greenwich Times.
None of the protesters were arrested, but "more than 100 signs" were
left on the front gate of Frey's mansion. Lt. Heavey told the
Greenwich Times that Frey was not home, and he had not returned a call
from the Associated Press at deadline.
"Frey was targeted, Marks explained, because he has filed a class-
action lawsuit against Bank of America on behalf of two of the bank's
major investors alleging that the bank violated contractual law when
it moved to modify hundreds of mortgages to make them more
affordable," continued reporter Amanda Norris.
"Marks said that despite the risk and controversy involved in
confronting millionaire money brokers on their own turf, NACA's
tactics were the only effective means of exerting pressure on an
otherwise uncaring and oblivious elite."
The protests were just one portion of a three-day homeowners workshop
put on by the NACA.
The organization is setting up a "financial predators registry" of
executives who did not cooperate with the group. On its Web site, CEOs
of institutions such as National City, HSBC, Nation Star, HomeQ,
Litton and others are prominently displayed, along with links to
photos and valuations of their homes and their direct phone numbers.
"'No one has ever gone in such huge numbers to these guys' homes,'
Marks continued. 'If they don't do the right thing, we'll be back. We
are the junkyard dogs. Once we grab on, we will not let go.'"
The group's Web site explains: "Some lenders, such as Bank of America
and Citigroup, have sought out NACA as a valuable partner in reaching
underserved communities and have achieved great success. When lenders
have exploited low- and moderate-income and minority communities, as
in the case of Fleet or The Associates, NACA proved to be a tireless
foe.
"... Corporations prefer to hide behind a veil of anonymity, but in
reality they are run by people who make decisions and are responsible
for the consequences. NACA shines a spotlight on the CEOs, executives
and directors who perpetrate financial injustice. NACA ensures that
their neighbors, relatives and employees are made aware of their
actions. In addition, NACA holds the decision-makers accountable to
the public everywhere they go. NACA’s hundreds of thousands of members
across the country may appear at and disrupt their speeches, events,
and meetings. Backed by extensive research, NACA and its members
deliver a compelling wake-up call to decision makers everywhere,
letting them know that they will be held personally accountable for
their actions."
"Morgan Stanley said its mortgage servicing business 'actively
collaborates' with NACA to structure solutions for qualified borrowers
so they can remain in their homes," reported the AP. "A proposed
agreement by NACA was delivered Saturday afternoon.
"'We are reviewing it now and expect to come to mutually agreeable
terms,' Morgan Stanley said in a statement."