Bank of America Protesters Promise to Shut Down Busy L.A. Intersection at Rush Hour Tomorrow Morning
Todd DwyerAmerica's favorite bank.
Update (at 11 a.m. on Thursday): They did it. And 23 of them were arrested. See more here.
Protesters fuming over big banks' arrogance say they'll shut down a major L.A. intersection at the dawn of tomorrow morning's rush hour downtown.
A statement from the group Good Jobs L.A. promises more than a 1,000 protesters, including members of Occupy L.A. and local unions, for its 7 a.m. act of civil disobedience at Figueroa and Forth streets.
Morning rush hour drivers should expect serious traffic delays and street closures in downtown LA near Route 110.
The shutdown would be the culmination of a march that is slated to start at Bank of America Plaza at 333 S. Hope St.
View Good Jobs LA Protest in a larger map
Here's what organizers say:
Bank of America took $230 billion in bailouts, made $4 billion in profits over the past two years and paid its CEO $10 million in 2010, but contributed $0 in federal taxes in 2009 and 2010 while cutting small business lending by 89% since the economic crash. Figueroa and 4th St. are adjacent to "structurally deficient" and "functionally obsolete" overpasses, some of the many projects that could put people back to work building LA.
They add that marches will continue throughout the day, with a Civic Center action happening at noon.
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