Thursday, October 23, 2008

Code Pink Cofounder Clashes with Fannie Mae and Freddie Mac


Posted by ZP Heller, CODEPINK Women for Peace: Action Blog at 11:33 AM on October 21, 2008.


Protesting the annual Mortgage Bankers Association convention in San Francisco.

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Code Pink cofounder Medea Benjamin disrupted the annual Mortgage Bankers Association convention in San Francisco yesterday, demanding a moratorium on home foreclosures nationwide. During a panel featuring heads of Fannie Mae and Freddie Mac, Benjamin walked onstage and said, "Since the public bailed out your companies, the public should have a right to ask a question: We need a moratorium on foreclosures. Will you please call for that, sirs?" She was then hustled off stage.

Benjamin's protest was part of a larger demonstration outside the convention. While Fannie and Freddie CEOS are working to prevent the housing crisis from becoming worse, Code Pink claims mortgage bankers will continue to profit from predatory deals as the government continues using tax dollars to bail out banks.

Check out Code Pink for more.

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Tagged as: protests, mortgages, code pink, fannie mae, freddie mac

ZP Heller is the editorial director of Brave New Films. He has written for The American Prospect, AlterNet, The Philadelphia Inquirer, and The Huffington Post, covering everything from politics to pop culture.

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