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Protesters Rally at NY Offices of JPMorgan Chase

HeadlineMay 19, 2010

Here in New York, dozens of protesters gathered outside the offices of the banking giant JPMorgan Chase on Tuesday. Sarah Ludwig of the Neighborhood Economic Development Advocacy Project said the rally was organized to highlight Chase’s opposition to financial reform and modifying loans for struggling homeowners.

Sarah Ludwig: “We want Chase to stop blocking financial reform in Congress, first and foremost. They need to be part of the solution, not part of the problem. They need to support basic reforms that have been put on the table. We also want Chase to start modifying these loans. People are desperate. Each one of these loans is a family, it’s a street, it’s a community, that we’re talking about.”

The rally coincided with a meeting of Chase shareholders.

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