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December 15, 2009

Housing Activists Protest JPMorgan Chase
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Meanwhile in New York, hundreds of protesters marched on the offices of
the banking giant JPMorgan Chase to demand better treatment of customers
facing foreclosure. Darren Duarte of the Neighborhood Assistance
Corporation of America, NACA, said Chase’s policies are throwing
homeowners out onto the streets.

Darren Duarte: “It’s Christmastime, people are being thrown out on the
streets, and I think bankers could do more. The President is talking a
lot about it, but he’s not requiring them or taking action. We want him
to take action today.”

The protest was held as part of NACA’s “Save the Dream Tour” to pressure
banks to restructure mortgages. The group says over 350,000 people have
taken part in eleven cities nationwide.



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