Americans to Wall Street 'Scrooges': Give Your Bonus to Homeless
http://www.commondreams.org/headline/2013/12/26-1
In May 2013, protesters marched in Washington D.C. to demand that government hold the "too big to jail" banks accountable for the ongoing home foreclosure crisis. (Photo: Stephen D. Melkisethian/ cc via Flickr)
As the holidays recede and millions of Americans look ahead to a year of slashed federal food aid and discontinued unemployment benefits, Wall Street bankers are preparing for a $92 billion windfall in end-of-the-year bonuses.
In what is being described as a win/win for the much maligned banking industry, nearly 50,000 people are calling on those bankers to donate that cash to the ten million Americans made homeless by the housing crisis.
"That $91.44 Billion a year could go a very long way towards undoing the vast damage done by Wall Streets megabanks that have engaged in megafraud," reads an online petition, organized by Occupy Wall Street spinoff organization, The Other 98 Percent.
Roughly 1,500 signatures shy of their 50,000 goal, the petition is calling on employees of Chase, Citigroup, Wells Fargo, Goldman Sachs, Morgan Stanley and Bank of America to "help the folks that you Scrooged out of their homes and end the homelessness crisis you created."