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Retribution Against the Financial Elite

Evict Chase! NYU Students for #OWS Action Today

Posted 2 years ago on April 12, 2012, 10:53 a.m. EST by OccupyWallSt

eviction notice for nyc

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.

Learn more about the campaign. Join the Facebook event.

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.

10 Comments

10 Comments


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[-] 2 points by blackpanther6389 (39) from Peoria, IL 2 years ago

Good luck! That'll be cool if this picks up momentum. It'll be harder than it looks dependent on NYU's dependence on Chase though. After all, if they allowed such a partnership in the first place. The administration must be getting a deal.

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[-] 1 points by Sean (4) from Kearny, NJ 1 year ago

NYU works hand in hand with the banks. I don't think you can influence greedy universities such as this from distancing themselves from the banks. In order to effect NYU you have to effect its standing. It is regarded as a top business school, however, due to their relations with banks you should lower its ranking. The rankings will remain low until ethical business practices are enforced by the administration. NYU does not deserve the prestige it gets due to its links. NYU is a very money hungry school. It created a lot of the monsters on Wall Street.

[-] 1 points by KKate (1) 2 years ago

The students of Occupy UC Davis are facing eleven years in jail for their part in ending the banks (on their campus) contract with the university. Are Occupy leaders organized enough to get in touch with the leaders of Occupy UC Davis and carry out support demonstrations for the students?

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[-] 1 points by Revolutionary (247) 2 years ago

All essential needs are Rights.

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[-] 1 points by billbill (2) 2 years ago

Warning!!! In Italy lawyers and citizens are denouncing President Napolitano and Prime Minister Monti This is denunciation of other crimes

241 č.p. attack against the integrity, independence or the unity of the State; 270 č.p. subversive associations; 283 č.p. attack on the Constitution of the State; 287 č.p. usurpation of political power; 289 č.p. attack on the constitutional bodies; 294 č.p. attack on the political rights of citizens; 304 č.p. political conspiracy by agreement; 305 č.p. political conspiracy by association;

[-] 1 points by billbill (2) 2 years ago

Warning!!!!! In Italy lawyers and citizens are denouncing President Napolitano and Prime Minister Monti for "Attempt against the integrity and independence of the State" and 7 other crimes. http://www.agoravox.it/Napolitano-e-Monti-denunciati-per.html

[-] 1 points by Bighead1883 (285) 2 years ago

What an excellent strategy.Slowly the worm turns.

[-] 1 points by RootsRising (2) from San Francisco, CA 2 years ago

Occupy UC Davis sat-in and blocked access to their only bank on campus every day for months until they picked up and left this month - ended their contract with the university - total success. I may be able to put you in touch with them.

[-] 1 points by DCInsider (54) 2 years ago

Depends in what you mean by total success. From the news articles I read the lot revenue over the next 5 years for the school amounts to sbout a million and student programs last year received about $150,000. So the success was in driving away a bank on campus at the cost of additional revenues that indirectly benefitted students.

Then again there is US Bank branch about 3 blocks from campus so it's not like they are run out of town. Just students have to walk further to bank.

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[-] 0 points by Odin (583) 2 years ago

There was a good article in The Village Voice not too long ago about NYU taking kick-backs form either Chase or Citibank for the students they directed their way. NYU although a good school in terms of academics, they are a bit unscrupulous. They often will lead a freshman student on with promises of increased aid the following years...and which usually does not come. They are so busy expandiing with different campuses all over the world, they don't have the resources in terms of endowment to help their current students....so that school is well on the way to becoming an elitist school...and it is no secret!

Anyway, I am so glad that my daughter went to Fordham University, Lincoln Center Campus, where she got a great scholarship. Oh yeah....she graduated magna cum laude with a 3.77 average, and is now practicing law. I appreciate Fordham' help in making it possible for a blue collar man to have been able to do this.....and shame on you NYU.