Occupy Delaware
Occupy Delaware Citibank Mic Check and Protest
A group of citizens from Occupy Delaware delivered the following mic check in front of a local Citibank branch on Saturday, December 17th.
We the people, from Occupy Delaware, are foreclosing upon this branch of Citibank, a subsidiary of Citigroup, for Citigroup's high crimes and misdemeanors against its customers, its employees, this community and the people of world.
This foreclosure is done in all seriousness in the stead of our government, which has forced us to act in the face of their inability or unwillingness to address the following crimes by Citigroup.
1. Being an active contributor to the economic crisis by promoting the use of CDO's or Collateralized Debt Obligations.
2. Defrauding their own investors by promoting CDO's, that in private emails were called "a collection of dogshit".
3. Betting against those very same CDOs and reaping profits when they failed, while their investors, customers & the citizens of the world lost their savings, their jobs and their homes.
4. Predatory lending practices AND
5. Unlawful and deceptive foreclosure practices.
We demand that Citigroup be brought to justice for these crimes. And we also demand that that justice does not entail settlements with the SEC, Attorney's General or other governmental institutions that would allow Citigroup to avoid any admission of wrongdoing or liability for these crimes.
We the people demand that Citigroup be put on trial for these crimes!
To add insult to injury, or salt to our wounds, former Citigroup CEO Charles Prince, under whose watch the world economic crisis erupted, said in July 2007:
Quote
...as long as the music is playing, you've got to get up and dance. We're still dancing....
End Quote
Mr Prince danced all the way to the bank with his exit package in excess of 29 million dollars. His reward for ruining our economy.
But let's not exclude current CEO Vikram Pandit who received a retention package for 23.2 million dollars this year.
Why if things are going so well for Mr. Pandit and Citigroup are they laying off an additional 4,500 hundred workers in the coming months?
Call: They call it profits
Response: We call it robbery
Call: They call it profits
Occupy Delaware Citibank Mic Check and Protest
A group of citizens from Occupy Delaware delivered the following mic check in front of a local Citibank branch on Saturday, December 17th.
We the people, from Occupy Delaware, are foreclosing upon this branch of Citibank, a subsidiary of Citigroup, for Citigroup's high crimes and misdemeanors against its customers, its employees, this community and the people of world.
This foreclosure is done in all seriousness in the stead of our government, which has forced us to act in the face of their inability or unwillingness to address the following crimes by Citigroup.
1. Being an active contributor to the economic crisis by promoting the use of CDO's or Collateralized Debt Obligations.
2. Defrauding their own investors by promoting CDO's, that in private emails were called "a collection of dogshit".
3. Betting against those very same CDOs and reaping profits when they failed, while their investors, customers & the citizens of the world lost their savings, their jobs and their homes.
4. Predatory lending practices AND
5. Unlawful and deceptive foreclosure practices.
We demand that Citigroup be brought to justice for these crimes. And we also demand that that justice does not entail settlements with the SEC, Attorney's General or other governmental institutions that would allow Citigroup to avoid any admission of wrongdoing or liability for these crimes.
We the people demand that Citigroup be put on trial for these crimes!
To add insult to injury, or salt to our wounds, former Citigroup CEO Charles Prince, under whose watch the world economic crisis erupted, said in July 2007:
Quote
...as long as the music is playing, you've got to get up and dance. We're still dancing....
End Quote
Mr Prince danced all the way to the bank with his exit package in excess of 29 million dollars. His reward for ruining our economy.
But let's not exclude current CEO Vikram Pandit who received a retention package for 23.2 million dollars this year.
Why if things are going so well for Mr. Pandit and Citigroup are they laying off an additional 4,500 hundred workers in the coming months?
Call: They call it profits
Response: We call it robbery
Call: They call it profits