Protesters yell at JPMorgan CEO Dimon: ‘Stop the foreclosures now!’
A group of protesters wanted to make sure that JPMorgan CEO Jamie Dimon was personally aware of their anger at him, so they confronted him directly before he testified at a Senate Committee Banking hearing on Wednesday morning.
“Stop foreclosures now, stop foreclosures now!” the protesters vociferously repeated before being escorted out of the hearing by the Capitol Hill police. One protester earlier asked Dimon, “Why don’t you face the people you foreclosed on?”
Though Dimon remained stone-faced, the demonstrators have numerous reasons to protest the financial institution for its history of questionable foreclosures.
JPMorgan Chase has been sued by state attorneys general and others for alleged foreclosure fraud. They have
also been twice sued for subprime lending practices that led to the housing finance crisis in 2008, and for automating the foreclosure process through robo-signing, the practice of a bank employee signing thousands of documents and affidavits without verifying the information contained in the document or affidavit.
WATCH: Video from C-SPAN, which was broadcast on June 13, 2012.
(h/t Think Progress)