o4o/ows press release -- brooklyn supreme court protest
TRANSCRIPT
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8/3/2019 O4O/OWS Press Release -- Brooklyn Supreme Court protest
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Mr.Auctioneer!!NewYorkerscallforMoratoriumonForeclosures
-HundredsheadtoCourthousetoprotestForeclosureAuctions!!-
*FORIMMEDIATERELEASE*
Brooklyn,NYNewYorkerswillgatheroutsideoftheKingsCountySupremeCourt
onThursday,October13at2:45pmtoraiseawarenessabouttheforeclosure
auctionsthattakeplacethereeachweek.
EveryweekinNewYorkCity,inallfiveboroughs,homesareputupforauctionand
sale.Speculatorspurchasehomesatdiscountedratestoflipthem.Banksbuybackhomestobalancetheirbooksevictinghomeownersandlettingthehomeslie
vacant.
Wall Street is the cause of this systematic displacement of New Yorkers. Wall StreetBankers turned mortgages into securitized instruments and sold them for profit. Their
greed demanded the creation of mortgage-backed securities. Without blinking, they used
predatory loans to lure homeowners into mortgages with impossibleand unseen
interest rates.
Occupy Wall Street and Organizing for Occupation (the group that led the eviction
blockade at Mary Lee Wards home on August 19, 2011, www.O4ONYC.org) have
teamed up to raise awareness about the weekly auctions and to hold Wall Street
accountable for the foreclosure crisis!
OCCUPY WALL STREET and ORGANIZING FOR OCCUPATION call for anIMMEDIATE MORATORIUM ON ALL FORECLOSURES IN NEW YORK STATE
until loans are modified and made fair and sustainable!
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Thursday,October13,2011at2:45pmat
KingsCountySupremeCourt,360AdamsStreet,Brooklyn
RallyinColumbusPark(nexttoBoroughHall)
2/3and4/5toBoroughHall,N/RtoCourtStreet,A/C/FtoJayStreet
***
Contact:KarenGargamelli