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Crain’s New York Business: Debt-Collection Lawsuits Are Roaring Back, Along With An Old Ruse That Victimizes Borrowers
Crain’s New York Business — Esther Roman, a 60-year-old grandmother in Brooklyn, was alarmed when she noticed in January that her $300 weekly paycheck was $27.99 short. She called her employer, a home health care agency, which said her wages were being garnished after someone sued her, claiming she’d failed to pay an old credit-card…
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Season of the Bitch, Episode 42: Debt
Our Staff Attorney Eve Weissman appears on the Season the Bitch podcast to break down some of the systemic forces contributing to our culture of debt and enumerate your options and rights when dealing with debt collectors. Listen below or here.
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The Nation: How a Public Bank Could Help You
The Nation — New Yorkers are known for speaking their minds, but can they put their money where their mouth is? A new campaign is underway to make one of the richest cities into the world reclaim local wealth and make the banking system work for people who actually live here, by putting people over…
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Mott Haven Herald: Community Groups Call for Creation of a ‘Public Bank’
Mott Haven Herald — Activists from citywide community organizations gathered in front of the New York Stock Exchange on June 6 to press the city to divest from Wall Street banks and instead create an alternative banking system that would allow communities to control their investments.
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The Laura Flanders Show: A Public Bank for Public Good!
The Laura Flanders Show — Our Co-Director Deyanira Del Rio joins other members of the PublicBankNYC coalition to discuss the momentum for a public bank in NYC and the public launch of the campaign.
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The Progressive: A Movement for Public Banking Gains Momentum
The Progressive — The other day in front of the New York Stock Exchange, a diverse group of demonstrators held colorful signs and chanted, “Hey, hey! Ho, ho! Wall Street banks have got to go!” The rally on June 5 was reminiscent of the Occupy Movement seven years ago—a microcosm of organized, strategic social and…
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Next City: Movement to Get Public Money Out of Wall Street Comes to Wall Street
Next City — Winsome Pindergrass wants a better chance at securing financing to buy a home. At a June 5 rally in front of the New York Stock Exchange, the 59-year-old Brooklyn resident talked about how three-quarters of her monthly income goes to her $2,200-a-month rent, which has nearly doubled since 2010. She’s watched her…
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Mic: Progressive Groups are Launching a Movement to Create a Public Bank in New York City
Mic — Could the city best known as the home of Wall Street divest from major corporate banks and start its own public bank? That’s the vision that a new network of activist groups hope see in the near future.
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El Diario: ¿Dónde Depositar el Dinero de NYC? Crear un Banco Público Gana Apoyos
El Diario — La ciudad de Nueva York deposita miles de millones de dólares en la banca de Wall Street y “esos banqueros ganan millones con esos depósitos y las comisiones mientras dan pocos beneficios a la ciudad, sus pequeños negocios y residentes”, explicaba el martes Stephen Edel, de New York Working Families.
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Common Dreams: Fed Up With Big Banks That Fund Climate Crisis and Oppression, Community Coalition Demands Public Bank for New York
Common Dreams — Chanting, “Wells, Chase, B of A, public bank’s a better way!” social justice groups rallied at the New York Stock Exchange on Tuesday to demand that New York City divest from Wall Street banks and establish a public bank that is “expressly chartered to serve the public interest.”
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City Limits: Why We Chased Chase’s CEO All the Way to Texas
City Limits, Op-ed by Sarah Ludwig and Andy Morrison — Last week, New Economy Project traveled to Texas to attend JPMorgan Chase’s annual shareholder meeting and call the bank out for its shameful track record in New York City. After passing through a series of security checkpoints, we found seats with a clear view of…
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Represent NYC: A Pathway Out Of Poverty
Represent NYC — Our Campaigns Director Andy Morrison joins Assembly Member Yuh Line-Niou and other guests to discuss the lack of financial services available in low income communities and efforts to stop predatory businesses from driving families into debt.