Tags: US | Wall | Street | Protest

Workers to Rally On Wall Street Against Big Banks

Thursday, 29 Apr 2010 01:57 PM

Workers and union leaders angry over lost jobs, the taxpayer-funded bailout of financial institutions and questionable lending practices by big banks are planning to rally on Wall Street.

The AFL-CIO and an association of community groups are planning to lead the protest Thursday afternoon in Manhattan. The timing coincides with Congress considering an overhaul of financial regulation.

The groups are calling on the banks to be held accountable for their role in the economic crisis. They blame the banks for a recession that has cost people their jobs, homes, savings and retirement income.

The Securities Industry and Financial Markets Association has declined to comment on the rally. The industry group includes many Wall Street financial institutions.

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