‘Occupy Chicago’ crashes Mortgage Bankers Association party

[Donnachaidh]

http://www.rawstory.com/rs/2011/10/12/occupy-chicago-crashes-mortgage-bankers-association-party/

On Tuesday night, a party for Mortgage Bankers Association (MBA) members was greeted by “Occupy Chicago” protesters, who chanted “banks got bailed out, we got sold out.”

The party was hosted by the Chicago Mercantile Exchange at Union Station. The protesters gathered at the one of the entrances of the building near where the party was being held.

“Occupy Chicago” began on September 23, when around 20 people gathered at Willis Tower and then marched to the Federal Reserve Bank to show their solidarity with the “Occupy Wall Street” protesters in lower Manhattan.

Since the beginning of the protest, dozens to hundreds of protesters have demonstrated day-after-day at a busy corner outside the Federal Reserve Bank of Chicago.

More at the link --

[chill_wind]

1. Good for them.

k & R.

[sarcasmo]

2. The chant nailed it, we sure got sold out.

[SlimJimmy]

3. Having the word *bankers* in a name doesn't always mean they're bad.

From what I've read about them, they don't exactly sound like monsters.

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., MBA invests in communities across the nation by ensuring the continued strength of the nation's residential and commercial real estate markets; expanding homeownership and extending access to affordable housing to all Americans and supporting financial literacy efforts.

http://www.mbaa.org/AboutMBA

[calimary]

4. Well, how are they doing so far?

"...expanding homeownership and extending access to affordable housing to all Americans and supporting financial literacy efforts" - indeed?

[SlimJimmy]

5. Why don't you try to put the blame where it's due? The Wall Street players are the

ones that bundled the toxic assets, not the mortgage lenders. As a matter of fact, they were encouraged to lend by entities like Fannie and Freddie, and even certain players in the federal government. What short memories we have.