"No, we don't want the money," homeowners said, as they gathered with Occupy Fights Foreclosure activists Wednesday afternoon in front of the United States Court House in downtown Los Angeles. "We denounce the agreement made by United States government officials,” protestor Carlos Marroquin said. “This is an inside agreement that only benefits the banks and not homeowners. It releases the banks from liability… It is offensive, it is criminal and it is fraudulent to reach this kind of settlement with the criminals."
OFF held a press conference in front of the Federal Building, where homeowners were able to tell their stories and openly denounce the recent $10 billion settlement reached between banks and federal regulators. Following the press conference, homeowners and protesters marched down Spring Street to California Attorney General, Kamala Harris' office, chanting "Banks got bailed out, we got sold out!" Mrs. Harris could not meet with the homeowners and protesters, as she was (conveniently) out of her office. Activists and homeowners marched in a circle chanting "No settlement, no way, prosecute the banks today!"
It remains unclear when homeowners will receive their settlement money, how much each will receive, or if the dollar amount will justify the financial and emotional damage inflicted on them by banks. What is clear is that homeowners are devastated, and the resistance is growing. Homeowners are not willing to settle, and they are eager to fight for what they feel is right.
Protesters hold their signs in front of United State Court House.
Protesters unfold OFF sign.
Protesters gather in front of Federal building for press conference.
Giant Monopoly Man
Protesters start marching down Spring street
Protesters march and chant
Protesters chant marching down Spring street "Banks got bailed out, we got sold out".
Protester hold their signs as they march and chant
Protesters march in a circle.
Fellipe Gonzales pushes the stroller with his three year old son, Daniel Gonzales as he marches and chants in a circle. Mr. Gonzales and his family are foreclosure victims and facing an eviction.
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