G20 Protests Target Bankers

by on April 2, 2009 · 7 comments

in Economy

Thousands of people converged on London’s financial district as part of the European-wide protests against the backdrop of G20 conferences.  5,000 English police were out to greet the demonstrators.

Several hundred protesters jammed up against the Royal Bank of Scotland, whose CEO recently did an AIG-number, taking millions in bonuses, then getting bailed out by the government.

Windows of the Bank were smashed and a number of demonstrators jumped inside the Bank briefly.

{ 7 comments… read them below or add one }

lane tobias April 2, 2009 at 12:45 pm

billy clubs can’t stop a movement.


jon April 2, 2009 at 3:10 pm

I’m all for protesting what you believe in, but I also work for a bank and have all of my working life. This is pretty frightening from my point of view. While I certainly do not excuse the reckless behavior of some of the CEO’s of these major conglomerates, I also cannot condone randomly smashing through bank windows and terrorizing the employees that work there. I’m mad as hell that McDonalds CEO’s make Mcmillions off fattening foods that lead to a lot of our nations health problems, not to mention the gutting of rainforests to raise beef for their restaurants, but I’m not about to smash through their restaurants and scare the piss out of the high school student flipping burgers! The people protesting “banker bailouts” and corporate recklesness should be very careful that they are not just randomly throwing bricks through windows and beating up bank employees who are just doing their jobs. As an employee of a bank I have always worked for local community banks or credit unions and have always put people before profit. The execs at AIG and RBS did some really bad things. They put a lot of hard working peoples money in jeopardy and they should pay for it. The teller and the branch manager of those same banks probably spent most of their days trying their best to help people get BETTER interest rates and LOWER fees, not fully realizing that behind the scenes the top executives of the company they worked for were gambling away the customers money. The employees of these banks, the people on the “front-line” as we call it are not wealthy. They dress in suits because they are required to, but many of them make about the same as any other middle class profession. Hopefully Obama will not only fire a few of these CEO’s, but throw a few of them in jail too. Then they will get the message. Until then, please don’t start throwing rocks through your local Bof A window because I assure you Betty the teller did not contribute to the global financial meltdown. Although she may have put your deposit in the wrong account.


Frank Gormlie April 2, 2009 at 3:36 pm

Jon – thanks for bravely expressing your viewpoint, and helping us understand the different layers of the proverbial onion.


jon April 2, 2009 at 3:47 pm

My pleasure Frank. Again, what some of these guys did is very wrong. And the anger is well deserved, but perhaps misdirected. Fire. Aim. Ready.


mr fresh April 2, 2009 at 3:58 pm

i love, love, love the comments section of the OB Rag. No “lurkers”, no creeps. Just honest feedback. Let’s keep it up.


Diane April 2, 2009 at 4:45 pm

Jon ,I could not have stated that any better! What these CEO’s have done is Horrid! That doesn’t mean the innocent employees of these companies should be held responsible for things the “higher ups” did without any ones knowledge. It’s not like the CEOS drop in once a week and keep the employees up to date on their scandals.


mr fresh April 2, 2009 at 7:53 pm

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