The New Bottom Line, a national campaign to hold banks accountable for foreclosures, kicked off in San Francisco this week, as hundredsmarched through the Financial District to demand that Wells Fargo change corporate policies that bankrupt families, dismantle neighborhoods, and empty public coffers.

During the bank’s annual May 3 shareholder meeting, a group of homeowners and clergy addressed Wells Fargo CEO John Stumpf to demand a foreclosure moratorium.

Police arrested 22 demonstrators who blocked entry to a downtown Chase bank branch Thursday to protest what they said were unfair home foreclosures.

The demonstrators, which included homeowners facing foreclosure, community advocates and labor leaders, silently allowed officers to bind their wrists behind their backs with plastic restraints and guide them into a police van.

NEW YORK — Despite the weak U.S. economy, this year could be the second most profitable for New York City's securities industry, and the average bonus may top last year's because so many bankers and brokers have been laid off, the state comptroller said in a report on Wednesday.

The same day that the comptroller's office assured the public that Wall Street was on track for its second-best year ever, Bloomberg reports that Lloyd Blankfein and his top deputies are preparing to collect bonuses worth $111.3 million in stock. Mr. Happy Face will receive about $24.3 million, and Goldman president Gary Cohn will get about $24 million.

3.5 Million Workers, Clergy, Homeowners and Foreclosure Victims Call for
National Foreclosure Freeze