Hundreds march in protest against Wall Street greed
Nikhil Kumar is The Independent's New York correspondent. He was formerly assistant editor on the foreign desk and has also done a variety of jobs on the city desk, where he wrote about markets, commodities and other business and economics topics.
Monday 26 September 2011
At least 80 people were arrested in New York over the weekend as hundreds marched through the Lower Manhattan financial district in protest against bank bailouts and corporate greed on Wall Street.
The demonstrators beat drums and blew horns as they made their way through the city on Saturday, although barricades kept them away from the New York Stock Exchange. Most of the arrests were for disorderly conduct and for blocking traffic. The police said one protester had been charged with assaulting an officer.
Videos of the 'Occupy Wall Street' march soon made it on to the internet, with protesters posting recordings of arrests and skirmishes with police. A message on the Occupy Wall Street website said: "The one thing we all have in common is that we are the 99 per cent that will no longer tolerate the greed and corruption of the 1 per cent."
Another highlighted the wave of repossessions that has hit the US housing market, saying: "Banks are able to restructure settlements constantly, they receive billions and billions of dollars so that they can stay afloat for long enough to steal your property from you."
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