At
Occupy
Wall Street,
People's Trial
of Goldman
Sachs Set for
Nov 3
By
Matthew
Russell Lee
WALL
STREET,
October 22 --
As it got
colder in
Lower
Manhattan on
October
22 the Occupy
Wall Street
meeting of the
General
Assembly
considered
a proposal for
a people's
tribunal
against
Goldman Sachs,
for
November 3.
While other
proposals were
confronted by
blocks, a form
of quasi veto,
this one
passed by
consensus.
A
block away
JPMorgan
Chase stood
surrounded by
fencing and
police. It has
been
the subject of
a number of
marches from
Zuccotti Park,
but Goldman
Sachs until
now as escaped
direct action.
Goldman does
not offer
regular bank
accounts or
student loans,
although it
trades in
both,
and in the
predatory
subprime
mortgages
which
triggered the
global
financial
meltdown.
At
Occupy Wall
Street
solidarity
events in
Philadelphia,
banks
including the
prospective
fifth Too Big
To Fail
institution
Capital One
were
denounced. But
Goldman Sachs'
will be the
first people's
tribunal. How
will it
proceed?
Wall
Street night
of Oct 22, 2
blocks from GA
on Goldman
Sachs (c)
MRLee
Meanwhile
the
former CEO of
Citibank
blathered that
the Occupiers
should forget
about the past
and just look
forward --
triggering
responses that
one
should be this
logic empty
out the
prisons.
Bank
of America
was
described as
moving risky
derivative
into its
FDIC-insured
bank,
putting the
American
people further
at risk.
Goldman
itself
defunded its
previous
fundee, the
Lower East
Side People's
Federal
Credit Union
-- where Inner
City Press has
been a
customer --
because
it dared
invited OWS to
one of its
events.
But the
indictment of
Goldman will
go well beyond
being a
so-called
Indian giver.
Its roll
in securizing
predatory
loans make it
a criminal,
which until
now has
bought
immunity.
Watch this
site.
#OWS GA Oct 22
under the
weird red
thing (c)
MRLee
Footnote:
beyond
the Goldman
Sachs
proposal, the
October 22 OWS
General
Assembly spent
much time on
budget
proposals,
including one
by the
"People's
Library" for
$600 for a 60
foot by eight
foot
tent and $1000
a week. This
was met by a
request for a
block, on the
basis that
"blank checks"
aren't good.
Addressing
budgetary
questions in
the short
phrases suited
to unamplified
"mic check"
meetings meant
that it took a
lot of time,
which one
moderator
called
"revolutionary"
and most
seemed to
respect. But
onward to
Goldman Sachs!
, 
