Several weeks back, emboldened with a thesaurus and having decided they’d had enough, the Harvard Crimson staff ran an impassioned editorial urging Occupy Wall Street protestors on campus to leave Goldman Sachs, and those hoping to gain employment with the firm, alone. It’d been a “group of Occupy Harvard Protesters who attempted to disrupt a Goldman Sachs recruiting event” that set them off and no longer could they hold their tongues. The newspaper took occupiers to task for “presenting a facile and trivializing interpretation of the root causes of the economic catastrophe and debases our national conversation on the issue,” for failing to comprehend that Goldman Sachs is going to hire employees regardless– and, god damn, it, they ought to be Harvard students–, and for just generally embarrassing themselves by “pitching a simplistic conception of the financial crisis and targeting fellow students [which] is not the way to have a successful movement.” Moving forward, the Crimsonians cautioned, “Occupy ought to refrain from such ill-conceived protests in the future.” But the die had already been cast. Read more »
Wall Street Protest 2011
Former Occupy Wall Street Protester Can Sleep At Night Knowing Few People Would Recognize Her New Employer As Being On Wall Street
By Bess Levin
Other than when writing Penthouse forum entries or relaying tales of experimentation with barnyard animals, it’s not often that people tell stories which include the words “I never thought I’d be doing this.” On that note, remember John Thomas Financial? To recap, it’s a four year-old brokerage best known for being run by a guy (Thomas Belesis) who 1) last year took it upon himself to organize a “rally” to “bring back the pride of Wall Street” (which marked the first time anyone that worked on Wall Street had heard of the place) and 2) May have wanted to bring back not only pride but the sort of corporate culture that accepted, nay, encouraged “lesbian strippers on the trading floor,” a lack of judgement re: “virtual hailstorms of sexual harassment,” and a can-do attitude from junior employees when “assigned to mop up the whipped cream and bodily fluids resulting from an exec’s midday frolic with his secretary,” as was the case as his former firm. Anyway, JTF is back in the news on account of trolling Occupy Wall Street for employees and finding one in Tracy Postert, who apparently wouldn’t have accepted the offer unless she were really, really desperate which, lucky for Belesis, she was. Read more »
Instead he was left feeling pretty meh about the whole thing. Read more »
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Banks
Occupy London Protestors To Show UBS How To Run A Bank Without Losing Money
By Bess Levin
Occupy London campaigners have taken over a derelict building owned by investment bank UBS…The building they have taken over at Crown Place belongs to, but is not occupied by, UBS and no business transactions take place there. The activists plan to set up a “bank of ideas” there tomorrow and open the disused offices and meeting rooms to “those who have lost their nurseries, community centres and youth clubs due to savage Government spending cuts”. [Telegraph]
In fact, they’re reportedly not letting anyone leave the park (all exits have been closed off), unless they’re being arrested. Read more »
Around 11 a.m., hundreds of protesters streamed into Zuccotti Park, shoving aside barricades and flowing into the granite expanse that they had been ousted from on Tuesday. They chanted “our park” and lifted barricades in the air near Cedar Street…A line of police officers wielding batons pushed into the crowd near Cedar Street, but after a moment those officers were directed backward by Joseph J. Esposito, the chief of the department. But before Chief Esposito directed the police back, several officers could be seen shoving and punching protesters and journalists. [CityRoom]
Occupy Wall Street: London Takes Page From Mayor Bloomberg’s Playabook, Sans Billy Clubs, Book Burning, NYPD Bedside Manner
By Bess LevinThe City of London Corporation, which oversees the U.K.’s main financial district, issued eviction notices to anti-capitalist protesters camped outside St. Paul’s Cathedral. The City authorities served a legal notice demanding the protesters move their tents and equipment away from the public highway within 24 hours, John Park, a corporation spokesman, said in an e-mail today. The move followed a decision yesterday to clear demonstrators from the area, he said. “We are getting reports about vulnerable people, cases of late-night drinking and other worrying trends, so it’s time to act,” the corporation’s policy chairman, Stuart Fraser, said in an e-mailed statement yesterday, “From now on, we will have to have any talks in parallel with court action — not instead.” If protesters do not comply with the eviction order, proceedings will be issued in the High Court, he said. [Bloomberg]
The protestors can come back but they can’t spend the night. Read more »
A group of Occupy Wall Street protesters surrounded the recently renovated Duarte Square…armed with new yellow signs and a tent, but were met by police guarding the exterior of the public space along Canal Street, Grand Street, and Sixth Avenue…police moved in at 11:55 a.m. and arrested approximately eight people, one of whom was dragged out by their arms and legs. [Daily Intel]
Downtown residents and business owners are organizing a protest of the protest after two months of Lower Manhattan being occupied by the Wall Street demonstration. Angry over all-day drumming, people urinating and defecating on the streets and verbal attacks from protesters, organizers say they will rally at City Hall Monday to send officials a message. [NBC, NYT]
The chorus began quietly at a recent strategy session inside Zuccotti Park, with a single cough from a security team member, a muffled hack between puffs on his cigarette. Then a colleague followed. Then another. Soon the discussion had devolved into a fit of wheezing, with one protester blowing his nose into the mulch between clusters of tents. “It’s called Zuccotti lung,” said Willie Carey, 28, a demonstrator from Chapel Hill, N.C. “It’s a real thing.” “Pretty much everything here is a good way to get sick,” said Salvatore Cipolla, 23, from Long Island. “It’ll definitely thin the herd.” [NYT via Counterparties]
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