Participants of the Occupy Wall Street-inspired Occupy Lansing will protest the downtown Lansing branch of Chase Bank Tuesday afternoon. In a press release sent out this morning, the protests were explained: “Chase Bank is one of the abusive lending institutions responsible for the sputtering economy,” said Ian Eberhart, one of the Oct
“„“Chase Bank is one of the abusive lending institutions responsible for the sputtering economy,” said Ian Eberhart, one of the Oct. 18 spokespersons. “The company took $25 billion in tax payer bail out cash, yet they continue to refuse to issue payroll credit to small businesses in Michigan. On top of that, they have avoided paying tens of millions of dollars in state and local title transfer taxes, robbing local communities of vital fire, police and other services.”
“„“In addition to the bail outs and tax dodging, Chase manipulates accounts in order to cause excessive overdraft fees for customers,” said Nick Cooper, the other Oct. 18 spokesperson, who is a former Chase account holder. “Then to add insult to injury, this tax evading company is cavorting with mortgage foreclosure companies who have knowingly filed fraudulent foreclosure documents in order to steal the homes of hard working men and women in this country and state.”