#OccupyWallStreet Updates

Discussion in 'News and Current Events' started by Anonymous, Sep 27, 2011.

  1. Andy Downs Member

    Late Friday update on trial of Occupy woman who had her breast grabbed by a NYC cop then beat her unconscious. She is facing 7 years

    Her trial has been postponed until March 19
    If you are active on this please don;t let up
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  2. The Wrong Guy Member

    NYPD counsel doubles down, rules freedom of information manual is confidential | Muckrock


    Last month, NYPD rejected my request for the department's guides to processing freedom of information requests, the latest in a baffling series of denials.

    I appealed immediately, noting that the determination constituted a rejection for information on the very process of transparency within NYPD.

    This week, NYPD's ruling came back: NYPD's lead freedom of information counsel refused to release the department's freedom of information guides, citing attorney-client privilege.
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  3. Andy Downs Member

    Shit grows in the dark.....lots of shit in NYPD
  4. whosit Member

    This thread. And all the assholes left here on this site define what I really hate.

    Go jerk off to your Putin, love you're Obama and ignore reality and what is true freedom.
    This message by whosit has been hidden due to negative ratings. (Show message)
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  5. Andy Downs Member

    Have you forgotten to take your meds?
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  6. WHOA' Dude/ss. Nobody here hates you. What is wrong? has something happened to you?.
    C'mon' really' all good people here. Everybody hurts, you know.

    I'm sorry that you are feeling so angry.
  7. fishypants Moderator're-and-Your
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  8. Andy Downs Member

  9. pretty good.....

    Senate Republicans derailed efforts to move forward with a $21 billion bill to enhance health care, education and job benefits for veterans.The bill would have improved benefits for veterans, including better health care and dental services provided by the VA. It also would have guaranteed post-9/11 veterans access to in-state tuition rates at public colleges and universities in any state.
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  10. Out of Occupy, a New Populist Political Party Forms


    Carl Gibson, co-founder of U.S. Uncut, is joining with other Occupy Wall Street organizers to launch a new populist political party. While more details (including the name of the party and the identities of other key organizers) will be available when the group launches on March 20, the party will be explicitly anti-capitalist.

    Says Gibson: “A new party that actively opposes capitalism and unites people around the basic ideas of meeting human needs would be widely respected and immediately acknowledged. This new party could stand apart from the two corporate-owned parties by refusing to take campaign donations from corporations, banks and developers, standing up for the rights of immigrants and indigenous people, calling for sustainable energy and development, making education for all a top priority, and believing in universal access to healthcare as a human right.

    While it would take time, focusing on building power first at the local and county level is the surest way to make lasting change.”
    In this interview with Resistance Report host Dennis Trainor, Jr., Gibson acknowledged that the Green Party is already working along a parallel path, but feels his (soon to be launched) party will do a better job of engaging young people and focusing on local politics as a way to build power.



  11. The Wrong Guy Member

    Rash of finance-pro suicides baffles experts | New York Post

    The financial world has been rattled by a rash of apparent suicides, with some of the best and brightest among the finance workers who have taken their lives since the start of the year.

    A majority of the eight suicides of 2014 have been very public demonstrations, which has suicide-prevention experts puzzled.

    “Jumping is much less common as a method for suicide in general, so I am struck by the number that have occurred in recent months in this industry,” said Dr. Christine Moutier, chief medical officer of the American Foundation for Suicide Prevention.


    MARCH 12: Kenneth Bellando, 28, an investment banker at Levy Capital, was found dead on the sidewalk outside his building on Manhattan’s East Side, after allegedly jumping from the sixth-story roof, sources said.

    MARCH 11: Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, jumped in front of an LIRR train near the Syosset, NY, train station.

    FEB. 28:  Autumn Radtke, CEO of First Meta, a cyber-currency exchange firm, was found dead outside her Singapore apartment. The 28-year-old American jumped from a 25-story building, authorities said.

    FEB. 18: Li Junjie, a 33-year-old JPMorgan finance pro, leaped to his death from the roof of the company’s 30-story Hong Kong office tower, authorities said.

     FEB. 3: Ryan Henry Crane, 37, a JPMorgan executive director who worked in New York, was found dead inside his Stamford, Conn., home. A cause of death in Crane’s case has yet to be determined as authorities await a toxicology report, a spokesperson for the Stamford Police Department said.

    JAN. 31: Mike Dueker, 50, chief economist at Russell Investments and a former Federal Reserve bank economist, was found dead at the side of a road that leads to the Tacoma Narrows Bridge in Washington state after jumping a fence and falling down an embankment, according to the Pierce County Sheriff’s Department.

     JAN. 28: Gabriel Magee, 39, a vice president with JPMorgan’s corporate and investment bank technology arm in the UK, jumped to his death from the roof of the bank’s 33-story Canary Wharf tower in London.

    JAN. 26: William Broeksmit, 58, a former senior risk manager at Deutsche Bank, was found hanged in a house in South Kensington, according to London police.
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  12. commisiar Member

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  13. mip Member

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  14. The Wrong Guy Member

    U.S. judge OKs JPMorgan $218 million Madoff class-action settlement | Reuters

    A federal judge on Friday gave final approval to JPMorgan Chase & Co's (JPM.N) $218 million settlement to resolve class-action litigation accusing the largest U.S. bank of playing a central role in the huge Ponzi scheme of former client Bernard Madoff.

    U.S. District Judge Colleen McMahon in Manhattan said the accord "easily meets the standards" for final approval, and provides "substantial and immediate" benefits to the swindler's former customers.

    She also awarded $18 million of fees to law firms that represented the customers: Entwistle & Cappucci, and Hagens Berman Sobol Shapiro.

    The settlement was part of a $2.24 billion global resolution of Madoff-related matters by JPMorgan, which was Madoff's main bank for more than 20 years.

    JPMorgan also agreed to pay $1.7 billion to settle civil claims by the U.S. government, and $325 million to settle claims by Irving Picard, the trustee liquidating Madoff's firm.

    Picard has estimated that Madoff customers lost $17.3 billion of principal. Madoff is serving a 150-year prison term.

    Continued at
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  15. tinfoilhatter Member

    Suicide, or murder?

    then again, from what i understand, there is a HUGE brain drain in wallstreet, as younger people do not want to be finance majors anymore, or work for the finance industry. Instead they are majoring in engineering or computer science. Furthermore, apparently the ones that are getting the jobs are not happy with the work.
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  16. The Wrong Guy Member

    From September 10, 2013:

    A lifetime of party ties for Fang Fang, JP Morgan’s man in China


    JPMorgan top China executive close to departing: WSJ | Reuters

    JPMorgan Chase & Co's chief executive for China investment banking Fang Fang has decided to leave the U.S. bank after more than a decade amid a probe of its Asian hiring practices, the Wall Street Journal reported on Sunday.
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  17. The Wrong Guy Member

    Former Madoff associates found guilty of fraud | Reuters

    Five former aides to investment manager Bernard Madoff were convicted on Monday of charges that they helped their boss conceal his massive Ponzi scheme for years.

    A federal jury in New York found back-office director Daniel Bonventre, portfolio managers Annette Bongiorno and Joann Crupi, and computer programmers Jerome O'Hara and George Perez guilty on all counts, including securities fraud and conspiracy to defraud clients.

    The trial lasted more than five months.

    Madoff was arrested in December 2008 for running a Ponzi scheme that is estimated to have cost investors more than $17 billion of principal.

    "These five defendants played crucial roles in constructing and maintaining the house of cards that was the Madoff investment fraud," U.S. Attorney Preet Bharara said in a statement. "The scheme these defendants helped perpetrate cost innumerable investors their life savings. Now it likely will cost the defendants their freedom."

    Continued at
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  18. Andy Downs Member

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  19. tinfoilhatter Member

    The city has a new mayor, one who is not as friendly with wall street as bloomburg, this might not end well for the NYPD.
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  20. commisiar Member

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  21. Andy Downs Member

    New article on the Occupy Wall Street trial about to start in NYC against Cecily McMillan
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  22. commisiar Member

  23. commisiar Member

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  24. lulzgasm Member

    And so, in the end, Wall Street will eventually die from a bad case of Young People Don't Give A Fuck Syndrome.

    BRILLIANT!! :)
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  25. tinfoilhatter Member

    Its more of "we do not want to work for you, we would feel more fulfilled doing something else instead" syndrome, combined with "other lobbyists/industries needing engineers BADLY because of the global shortage, and the Chinese saying that they will no longer allow their engineers to leave the country" syndrome. Its a perfect storm for a disaster. Especially if their ever was a flaw with the high frequency trading algorithm/programing....
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  26. rof Member

  27. Tick Tock
  28. Andy Downs Member

    It's time to get loud

    Send support far and wide
    This is an email from the #Juctice4Cecily Team

  29. commisiar Member

  30. Andy Downs Member

  31. DeathHamster Member

    Foxes are extremely experienced at hen house management.
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  32. DeathHamster Member
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  33. 345

    Another banker commits suicide murdered, bringing numbers of recent mysterious deaths to 14

  34. The Wrong Guy Member

    SAC's Steinberg gets 3-1/2 years prison for insider trading | Reuters

    Michael Steinberg, a portfolio manager at Steven A. Cohen's SAC Capital Advisors hedge fund, was sentenced on Friday to 3-1/2 years in prison for insider trading.

    The sentence was imposed by U.S. District Judge Richard Sullivan in Manhattan, five months after a federal jury convicted Steinberg on securities fraud and conspiracy charges, in a case stemming from a broad crackdown on insider trading on Wall Street.

    Steinberg's lawyers had asked for no more than two years in prison, while prosecutors had argued for up to 6-1/2 years.

    Sullivan also ordered Steinberg to pay a $2 million fine and forfeit $365,142, a sum the government says Steinberg and an SAC analyst were paid from the illegal trading profits.


    Prosecutors accused Steinberg of trading on illegal tips about Dell Inc and Nvidia Corp passed to him by an SAC analyst, who admitted to swapping confidential information among a group of analysts at other hedge funds. Steinberg's trading resulted in illegal profits of $1.82 million, prosecutors said.

    Steinberg, 42, is one of eight current or former SAC Capital employees to be convicted on insider trading charges.

    SAC pleaded guilty to fraud charges and has agreed to pay $1.8 billion in criminal and civil settlements.

    The Stamford, Connecticut-based firm has rebranded itself Point72 Asset Management as it shifts to being a family office managing Cohen's fortune.

    Sullivan granted Steinberg bail, pending an appeal.

    The appeal is expected to focus on Sullivan's not having required the government to prove that Steinberg knew the insider who originally disclosed non-public information had received a benefit for making the disclosure.

    Todd Newman, a former portfolio manager at Diamondback Capital Management, and Anthony Chiasson, co-founder of Level Global Investors, are appealing on similar grounds stemming from convictions in a separate trial Sullivan also oversaw.

    More at
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    Wall Street on Parade bloggers Pam and Russ Martens wrote this week that something seems awry regarding the bank-owned life insurance (BOLI) policies held by JPMorgan Chase. Traditional life insurance policies ensure that the loved ones of the deceased are compensated fairly in the event of a death, but banks are investing billions in policies that let them receive untaxed payment with the passing of each employee. While it’s not unusual for major banks to take out policies that compensate companies in the event of an employee death, the Martens wrote, attempts to find out more about that practice have been peculiarly hard and have raised a red flag among bloggers like those at Wall Street on Parade.
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  36. DeathHamster Member

    Banks have figured out how to make a profit on killing their executives?

    This is acceptable.
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  37. tinfoilhatter Member

    allegedly wall mart does this too...

    I am not surprised about the suicides, There is a VERY ugly elephant in the room over at wall-street: an employment crisis. they can not get young people to work there, and the ones they do, quit and complain about the long work hours, and mistreatment. the fact that the suicide rate is sooo high, is a dead ringer for a very stressful environment.

    Worse still(lulz for the rest of humanity), they can not get people to major in finance, and they are not getting the top talent that they used to. Everyone wants to work for google. There is a secret brain drain going on.
  38. The Wrong Guy Member

    How Seattle's $15 Minimum Wage Victory Began in New York City's Zuccotti Park | Huffington Post

    An idea that only a year ago appeared both radical and impractical has become a reality. On Monday, Seattle struck a blow against rising inequality when its City Council unanimously adopted a citywide minimum wage of $15 an hour, the highest in the nation.

    This dramatic change in public policy is partly the result of changes brought about by last November's Seattle municipal elections. But it is also the consequence of years of activism in Seattle and around the country. Now that Seattle has established a new standard, the pace of change is likely to accelerate quickly as activists and politicians elsewhere seek to capture the momentum. Five years from now, Americans may look back at this remarkable victory and wonder what all the fuss was about.

    Seattle now joins a growing list of cities -- including San Francisco, Santa Fe, Albuquerque, San Jose, and Washington, D.C. (along with two adjacent Maryland counties) -- that in the past few years have seized growing frustration over the widening income gap and declining living standards by establishing local minimum wages substantially above the federal level of $7.25. Unions, community groups, and progressive politicians in San Diego, New York City, Oakland, Los Angeles, and other cities are already taking steps to follow in Seattle's footsteps.

    In 19 states, minimum wages are now over $7.25 an hour; 10 of those states automatically increase their minimum wages with inflation. The highest state-mandated wage law is in Washington State, where the minimum wage increased to $9.32 in January. In September, California Governor Jerry Brown signed legislation that raised the state's minimum wage from $8 to $9 an hour this year, and to $10 an hour in 2016, but last week the state Senate pushed the bar even higher, approving a bill to lift the pay floor to $13 an hour by 2017. Earlier this year, Minnesota raised its minimum wage by $3 to $9.50 an hour starting in 2016, while Connecticut will require employers to pay $10.10 an hour by 2017. Many other states have substantial wage hikes on the drawing boards.

    The gridlock on Capitol Hill -- where Congress hasn't boosted the federal minimum wage, stuck at $7.25 an hour, since 2009 -- has helped catalyze a growing movement in cities and states. But this upsurge in government-mandated wage hikes didn't come about suddenly; it is the result of years of changing conditions, effective grassroots organizing, and changing public views about the poor.

    In 1994, a coalition of community organizations, religious congregations, and labor unions in Baltimore mobilized a successful grassroots campaign to pass the nation's first "living wage" law in 1994. It required companies with municipal contracts and subsidies to pay employees at least several dollars above the federal minimum wage. The idea quickly caught fire. Since then, about 120 cities have adopted laws that establish a wage floor, from $9 to $16 an hour, mostly for businesses that receive contracts or subsidies from local governments. Although these laws reach a relatively narrow group of workers, they injected the notion into the public debate that people who work full-time should not live in poverty.

    In 1996, Congress enacted and President Bill Clinton signed so-called "welfare reform," limiting the time people during which can receive assistance. Although liberals justifiably decried this approach, it ironically helped shift public opinion and stereotypes about the poor. Increasingly, Americans came to view low-income people as the "working poor," a group considered more sympathetic than the so-called "welfare poor."

    The mainstream news media began to pay more attention to low-wage workers, while academics and journalists expressed growing concern about the "Walmartization" of the economy -- meaning the growing number of low-wage jobs with few benefits. In 2001, Barbara Ehrenreich' s book, Nickel and Dimed: On (Not) Getting By in America, which recounted her experiences toiling alongside hard-working low-wage employees who couldn't make ends meet, became a best-seller, reflecting a changing national mood about people who earn their poverty on the job.

    All these trends came to a boil a decade later, when a handful of activists took over Zuccotti Park in New York City to draw attention to the nation's widening wealth and income gap. Occupy Wall Street, which began in September 2011 and quickly spread to cities and towns around the country, changed our national conversation. At kitchen tables, in coffee shops, in offices and factories, and in newsrooms, Americans began talking about economic inequality, corporate greed, and how America's super rich have damaged our economy and our democracy. Occupy Wall Street provided Americans with a language -- the "1 percent" and the "99 percent" -- to explain the nation's widening economic divide, the undue political influence of the super-rich, and the damage triggered by Wall Street's reckless behavior that crashed the economy and caused enormous suffering and hardship.

    Even after local officials had pushed Occupy protestors out of parks and public spaces, the movement's excitement and energy were soon harnessed and co-opted by labor unions, community organizers, and politicians.

    The past two years have seen an explosion of worker unrest, especially among Walmart employees, workers at fast-food chains, janitors, and hospital workers. Walmart workers have engaged in strikes and civil disobedience at big-box outlets and at company headquarters in Arkansas as part of an escalating grassroots campaign to demand that the nation's largest private employer pay its workers at least $25,000 a year.

    Continued at
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  39. I guess someone could dox some of these fuckers and maybe get a few occupiers/anons to protest at their homes. Not sure how much good would come out of that and it would be dangerous. Ive got other ideas but this site would probably not like me to say them...
  40. tinfoilhatter Member

    I do not think they are killing their executives out right. Though this opens them up to nasty lawsuits from the families. Then again, they can afford expensive lawyers.

    However, they are having a hard time recruiting new employees. so the best way to do long term damage to them, is to circulate this around places where potential finance majors would see it.

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