BEL AIR—Taking a cue from similar demonstrations in New York City, Minneapolis, Atlanta and countless other cities across the United States, protestors in Southern California have joined together in expressing their frustration with what they feel is the banking industry’s role in America’s current economic woes.
Southern California demonstrators made their way to Balboa Bay Club in Newport Beach to protest outside a meeting of the California Bankers Association. In the spirit of taking their message to the ones they feel have directly caused America’s economic meltdown, members of the Service Employees International Union, the liberal group MoveOn.org and ReFund California made their way into the club’s ballroom chanting, “Make banks pay!”
According to the president of the bankers association, Rodney Brown, the protestors “muscled their way” past the hotel’s security and accused them of wanting to “chant and rant” rather than engaging in discourse that would ultimately help find solutions that would benefit all parties involved.
Police were eventually notified and watched as protestors made their way onto West Coast Highway. As they left, the demonstrators continually chanted the word “shame.”
Representatives from ReFund California also set up a demonstration outside the Bel Air home of Steven T. Mnuchin, the chairman of OneWest Bank of Pasadena. The group called for assistance on behalf of Rose Gudiel of La Puente. OneWest foreclosed on Gudiel’s home after the death of her brother caused her to fall behind on her home loan.
To this, a spokesman for Mnuchin stated that OneWest was simply complying with what Fannie Mae, the owner of the loan required.
Protesters in Los Angeles have even also taken to demonstrating outside the trial of Dr. Conrad Murray in order to attract the media’s attention being paid to the proceedings.
Photograph is courtesy of Robb James