Posted 5 years ago on April 12, 2012, 10:53 a.m. EST by OccupyWallSt
Join us for a street theater-filled demonstration to get NYU to cut its ties with JP Morgan Chase with New York University students for Occupy Wall Street.
When: Thursday, April 12 at 5 p.m.
Where: In front of Bobst Library, 70 Washington Sq. South.
Pursuant to the basic respect for the fundamental human right to housing, the New York University community hereby notifies JP Morgan Chase, the leader in foreclosures in New York, that it will be evicted from the university, effective immediately. Until the bank halts foreclosures, we call on the NYU administration to cut its ties to Chase. Stand with NYU4OWS, New York Communities for Change and the NYU community as we deliver Chase's eviction notice to NYU President John Sexton.
Housing is a Human Right!
On March 27, NYU4OWS delivered a letter to NYU President John Sexton demanding that he:
- Make publicly available all of NYU’s financial relationships to JP Morgan Chase
- Cut all financial ties to Chase unless they stop foreclosing on homeowners in New York immediately
- Make a public statement in support of the communities affected by the crisis, and condemning JP Morgan Chase’s predatory and abusive practices.
JP Morgan Chase is the leader in foreclosures in New York. Only 6% of Chase serviced borrowers who asked for help have received a permanent loan modification. Chase has started more than 22,000 foreclosures and rejected 334,462 families for the federal Home Affordable Modification Program.