Protesters rallied in front of the Wells Fargo branch at 1 Montgomery yesterday to protest “what they called excessive pay and bonuses” yesterday. Appeal photographer Matt Ghali headed down to see the demonstration and took the photos you see above.
According to a release from the organizers:
If (bank bonuses were) redirected to help working families recover from the economic recession, just 7.2% of the $150 billion bonus and compensation pool could provide mortgage payment assistance to 1.8 million California families, preventing or postponing every foreclosure projected in the state for 2009-2012.
Anybody want to check that math? — Eve Batey