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Occupy Wall Street Comes to Park Avenue

Posted by: Dan Beucke on October 28, 2011 at 6:11 PM

On Friday, Occupy Wall Street marched north. Long before the marchers arrived, knots of New York City police could be seen in front of just about any financial office in midtown; the big banks also had barricades and security checks. The protesters were orderly (they even waited for traffic lights to turn before crossing, which is rare for anyone in the city), carrying signs such as “you got bailed out, we got locked out” and “Billionaire Pigs” with pictures of Jamie Dimon and other bank CEOs wearing snouts.

Once in place, they took to chanting (“modify loans, keep us in our homes”) and reading from letters sent by OWS supporters to bank executives. The big difference uptown was that there are a lot more bona fide bankers. If you want to yell at big banks, don’t go to Wall Street — go to Park Avenue. That’s where JPMorgan Chase and Citigroup have their headquarters; the Bank of America Tower is a few blocks away. As demonstrators dressed as “bank pirates” rode up in pirate ship/bikes, curious Chase employees snapped pictures and watched from the windows above. (According to a tweet from @TheOther99, while at the Morgan Stanley building, demonstrators invited CEO James Gorman to lunch: “We’ll pick up the tab..we’ve been doing it for five years!”)

Earlier in the day, in what OWS demonstrators saw as a clear attempt to freeze them out, the New York fire department removed gasoline cans and generators from Zuccotti Park — just as forecasts call for snow over the weekend. Mayor Michael Bloomberg (the founder and majority owner of our parent, Bloomberg LP) cited safety concerns on his weekly radio program. Mark Bray, an OWS spokesman, told Bloomberg News the action was “a pretext to make the protest less sustainable and more difficult for us.” He said the group has about 14 fire extinguishers to handle any safety issues.

(Photo: Ramin Talaie/Bloomberg)

Reader Comments


October 28, 2011 10:57 PM

I think Mayor Michael Bloomberg care not the safety of the protesters. Why should he? He is the 1%. He is just trying to be sneaky and try to pull all useful equipment from the people.

stan chaz

October 29, 2011 12:19 PM

ou can't make this stuff up! The very same people who have inflicted the most "hazards" to the Occupy Wall Street participants....swooped in early yesterday morning with their white shirts and badges, and carted away the OWS generators; ostensibly because they were deemed " a fire hazard". This, after 45 days of problem-free use, and just before an impending snowstorm! Of course, they can’t be blamed. They were only following orders.... of Mayor Show-Me-The-Permit 0001%, who sleeps ever so comfortably in his overheated mansion, and makes pompous speeches about the freedoms that we all enjoy, on the 125th anniversary of the Statue of Liberty's dedication. All this just a few short miles from Zuccotti Park. This is not mere double's super triple speak, on speed AND acid! No matter how pretty you try to make the crap’s still crap. And more and more people are realizing it. Finally. Lady Liberty must be smiling. I know I am!

stan chaz

October 29, 2011 12:20 PM

Exactly 125 years ago, on a wind-swept island in the middle of New York Harbor, the Statue of Liberty was dedicated. Forget the fireworks and the pompous speeches. For the VERY best tribute that we could ever have given to commemorate this anniversary are the brave efforts of those hardy Occupy Wall Street participants, who are “standing watch” just a few miles away, ....and whose spirit is spreading all across the country!  If  Lady Liberty  could speak , she would surely say THANK YOU OWS. Thank you - for renewing and strengthening the ideals of freedom and dignity and liberty...upon which this great nation was founded. All Occupy Wall Street participants, whether in New York or elsewhere, should know and remember this one simple fact: With all the hardships and trials that you have been going thru---and will go thru---  you are in very real sense carrying forward the torch of freedom. Lady Liberty would be proud of you! ....WE are proud of you!

Real Estate Agent

October 30, 2011 4:19 PM


February 17, 2012 7:34 PM

Great article, sweetie! I'll be happy to read more! Almost forgot, try to make your website a little more social.

Jen Gagnon
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Ben Jackoff

March 31, 2012 9:04 AM

As I can see that meeting brought no results unfortunately!

Ben Jackoff
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Arthur Parker

April 2, 2012 10:00 AM

I wonder if we should expect another movement of such type in coming months. From what I've heard, a new wave of financial crisis is coming and something tells me it will trigger new movements.

Arthur Parker
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"The Wealth Debate" is a running discussion of wealth, poverty, the economy and income inequality in the U.S. and the world. It was started shortly after the Occupy Wall Street movement sparked a global protest about the fallout from the financial crisis and money in politics. You can reach the editors, Dan Beucke and Mark Gimein, by email, or follow BloombergNow on Twitter to keep up with posts.

Analyses or commentary in this blog are the views of the author and or commentators, and do not necessarily reflect the views of Bloomberg News.

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