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Recommend "Mary Bottari" - Chicago to Wall Street: Pay US Back! (Email)

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Published on Wednesday, October 12, 2011 by PR Watch

by Mary Bottari

While the Occupy Wall Street movement is sweeping the country and peaceful arrests are mounting, Chicagoans took to the streets this week to hold the big banks accountable for crashing the economy and to demand city, state and federal policies that work for working families.

For many, the goal was stopping the foreclosure mill and telling the big banks it was time to Pay US Back! for the $4.7 trillion bailout. For others, the demands focused on the bailout from the financial crisis including contentious contract negotiations with the administration of Chicago Mayor Rahm Emanuel.

For most, the range of issues were inextricably linked.

Emanuel Goes to Bat for the Big Banks

At the height of the financial crisis in March of 2009, a new president was grappling with an unprecedented meltdown. Huddled with his closest advisers, his instincts were sound.


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