Deutsche Bank Executive's La Cañada Flintridge Home Gets Occupied | The Informer | Los Angeles | Los Angeles News and Events | LA Weekly
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Class Warfare

Deutsche Bank Executive's La Cañada Flintridge Home Gets Occupied

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Fri, Nov 2, 2012 at 6:34 PM

click to enlarge OCCUPY FIGHTS FORECLOSURES
  • Occupy Fights Foreclosures
It was almost a year ago that the Occupy movement was plucked from its L.A. campsite, the lawn of L.A. City Hall.

But the movement is still going, and today occupiers targeted Deutsche Bank with a series of protests at a branch, at the German Consulate and, most interestingly, at a bank executive's La Cañada Flintridge home.

Two bus-fulls of demonstrators, in fact, ...

... descended on the house in the 4200 block of Commonwealth Avenue this afternoon, sheriff's Sgt. David Shoemaker told us.


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The demonstration started at approximately 2:30 p.m. and lasted maybe 20 or 30 minutes he said. At that point all but two protesters got on the buses, which left.

One of the remaining two said she had to go feed her cat, the sergeant told us. The executive complained to deputies about the one occupier remaining and deputies gave him an ultimatum to either leave or face being arrested on suspicion of trespassing, Shoemaker said.

He left.

So what's up with Deutsche?

For one, Occupy is mad about the bank's foreclosure on the Lucero family home in East Los Angeles. And, the group Occupy Fights Foreclosures argues:

There is a recorded pattern of Deutsche Bank AG ignoring U.S. laws and abusing housing rights in Los Angeles. Despite being in litigation with the City of Los Angeles and with the Federal government about their corrupt business practices, Deutsche Bank continues to fraudulently foreclose on American homes.

[@dennisjromero / djromero@laweekly.com / @LAWeeklyNews]

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