Picketing the Fat Cats

Updated

Is consumer frustration with the slow pace of loan modifications finally becoming more than silent resentment? If Monday's protest at the New York offices of JPMorgan Chase is any indication, the answer might be yes. With a little goading from the president, who on Sunday called America's bank presidents "fat cats," a new populist strain is perking up.

While CEO Jamie Dimon was in Washington meeting with President Obama -- one of the few major bank chiefs that made it in person -- hundreds of protesters stormed the bank's New York lobby. They carried signs reading, "You're a mean one, Mr. Dimon," and "Don't CHASE us out of our homes."

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