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'Flood Wall Street' Climate Protest Results in 100 Arrests

Image: 'Flood Wall Street' Climate Protest Results in 100 Arrests
Demonstrators sit in the middle of Broadway during the Flood Wall Street protest on September 22, 2014 in New York City. (Bryan Thomas/Getty Images)

By    |   Tuesday, 23 Sep 2014 06:01 AM

A 'Flood Wall Street' protest to denounce what organizers say is the financial sector's contribution to climate change blocked streets near the stock exchange on Monday and resulted in the arrests of about 100 demonstrators.

The demonstration, called "Flood Wall Street," drew hundreds of protesters, and came a day after a bigger action that brought 310,000 people to the streets of New York in what activists described as the largest protest ever against climate change, according to Reuters.

Sunday's turnout was about triple that of the previous biggest demonstration on climate change, a Copenhagen demonstration five years ago.

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For several hours on Monday, protesters stopped traffic on Broadway south of the New York Stock Exchange.

Shortly after the close of trading on the New York Stock Exchange on Monday, demonstrators tried to push back metal barricades that police had used to keep them away, an effort that ended when police turned pepper spray on the crowd.

Police later broke up the gathering, ordering remaining protesters to disband. A core group of a few dozen activists staged a sit-in steps away from Wall Street, and police officers handcuffed and walked them away one-by-one.

In all, about 100 people were arrested on Monday, including three protesters taken into custody earlier in the day, a police representative said. Protest organizers gave the same estimate for the number of arrests.

The protest group behind Monday's action has roots in the Occupy Wall Street movement that started in a downtown Manhattan park in 2011 to protest against what it called unfair banking practices that serve the wealthiest 1 percent, leaving behind 99 percent of Americans.

Kai Sanburn, a 60-year-old nurse and mother of two from Los Angeles, said she had traveled to New York for Sunday's march and wanted to do more.

"The action here against Wall Street is really expressive of the feeling that corporations and capitalism no longer serve people," Sanburn said.

Flood Wall Street organizers said they hope Monday's action will draw a link between economic policies and the environment, accusing top financial institutions of "exploiting front-line communities, workers and natural resources" for financial gain.

The event is part of Climate Week, which seeks to draw attention to carbon emissions and their link to global warming, and it comes ahead of a Tuesday U.N. Climate Summit.

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A 'Flood Wall Street' protest to denounce what organizers say is the financial sector's contribution to climate change blocked streets near the stock exchange on Monday and resulted in the arrests of about 100 demonstrators.
flood, wall street, protest, arrest
431
2014-01-23
Tuesday, 23 Sep 2014 06:01 AM
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