Protesters Dump Trash at Bank of America President's Home
"We're here today because of the loan-servicing abuse that's going on in America," Antonio Ennis, of Dorchester, announced through a bullhorn in front of Gallery's 95 Beacon St. home before listing demands the bank must meet to avoid a large protest scheduled at their downtown headquarters Sept. 30.
Demands include that the bank:
Halt all foreclosures and evictions until underwater mortgages can be renegotiated.
Stop the crackdown on small business lending.
Rescind its proposed mass layoffs and take steps to protect and create Massachusetts jobs.
End its board members' policies that exclude Bay State families from key programs like weatherization.
The trash deposited in front of Gallery's home came from a property that has remained vacant for a year at 56 Clinton St., Malden. Bank of America evicted a young family from the house last year and, neighbors say, let the property fall into disrepair. The city fined the bank $500 for keeping the property vacant.
A dozen or so volunteers gathered 10 bags of garbage from the property Monday and delivered it to Bank of America's Malden branch office. The bank manager refused to accept it, so they decided to take it to Gallery's Beacon Hill home.
Gallery, president of the bank's Massachusetts operations, did not appear to be at home, but bank spokesman T.J. Crawford told Patch this afternoon that the bank does not "approve of any PR stunt that invades the privacy of a bank employee and their family."
"Rather than refute this group's baseless claims with facts, let me simply state that Bank of America has a lot to be proud of in Massachusetts, from providing $12 million in charitable giving annually to lending $393 million in the first half of 2011 to small businesses that are creating jobs and fueling the local economy," Crawford said.
Activists from area nonprofits – including MASSUNITING, based in Charlestown; City Life/Vida Urbana, of Jamaica Plain; and Lynn United for Change – held a different view of the bank's impact on Massachusetts communities.
"Too many have been thrown out of their homes because Bank of America insists on evicting people after foreclosure instead of finding a way to avoid foreclosure in the first place," Isaac Simon Hodes, an organizer for Lynn United for Change, said.
Claudia Thompson, a single mother in Malden, recently avoided foreclosure by a different bank and came out to support those who lost their homes in Bank of America proceedings.
"I want people to let people know that they don't have to just stay quiet and take it," Thompson said. "We're asking for the bank to cooperate."
Meanwhile, protesters marched on Wall Street over the weekend to protest the control big business and financial institutions have on Congress.