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For Occupy Wall Street, Federal Reserve Police Deployed, Documents Withheld

By Matthew Russell Lee

WALL STREET, September 17 -- Two blocks east of Zuccotti Park, the once and perhaps future Liberty Square, the Federal Reserve Bank of New York was surrounded by police on Monday morning as the Occupy Wall Street movement celebrated its first anniversary.

  Despite the year's many changes, from Arab Spring to economic downturn in southern Europe, the Federal Reserve has remained as unaccountable and untransparent as before.

  The Fed did nothing to reign in the predatory loan trading of Citigroup and the other Big Three. It approved the formation of a Fifth, Capital One through buying ING DIRECT, then withheld from Inner City Press and others documents about its review.

  Now amid the LIBOR interest rate fixing scandal, the Federal Reserve has denied Freedom of Information Act requests from Inner City Press and others, find court challenges or reversals unlikely.

  Monday the Federal Reserve Police were parked in front of the FRBNY's slammed shut massive doors. Across the street, the New York Police Department guarded JP Morgan Chase, while arrests were made on the corner of Pine and William Streets. Former Philadelphia police Captain Ray Lewis looked on, shaking his head.

Back in front of Brown Brothers Harriman, OWS protesters posed with masks of Obama and Romney. Then they set off marching behind a puppet Lady Liberty, toward Wall Street again. Watch this site.

Saturday at dusk amid chants of "Bank of America, bad for America," marchers headed Washington Square Park south on Broadway toward Wall Street. Video here and below

A sign in the crowd read "Bankers Behind Bars." This has not happened. As Inner City Press noted from Washington last Thursday, while the Department of Justice brags of some fines that it has levied, Citigroup executives like Robert Rubin have escaped unscathed, still pontificating about foreign policy and the Euro. Still there are attempts to try to hold these to account. Watch this site.

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