On May 12

 ***For Planning Purposes Only***

Contact:  
Dan Levitan (646) 200-5315,
Eric Koch (646) 200-5309,
Peter Kadushin (UFT) (212) 510-6463
Ana Tinsly, (646) 331-4765

OVER 10,000 TO MARCH ON WALL STREET TO MAKE THE BANKS PAY

Unprecedented Labor-Community Coalition Calls on Mayor Bloomberg to Close Loopholes and Renegotiate Bad Deals that Cost City Taxpayers Billions

Liu, De Blasio, Sharpton to join Leaders and Activists at Over 100 Teach-Ins

More than 10,000 people will flood the Wall Street area on Thursday to call on Mayor Bloomberg to close the loopholes and stop the destructive bank practices that destroy our communities and cost taxpayers billions instead of enacting layoffs and budget cuts that hurt working families and low-income New Yorkers.  

The afternoon of events will kick-off at 4:00pm at nine assembly sites, each themed around budget and issues areas at risk from Mayor Bloomberg’s cuts and bad bank practices.  

4:00 PM ASSEMBLY SITES:
(1) Education City Hall* 260 Broadway
(2) Students Charging Bull 26 Broadway
(3) Transportation/Energy Bowling Green 1 Bowling Green
(4) Immigration Battery Park Battery Place and State Street
(5) Housing Staten Island Ferry 1 State Street
(6) Peace Vietnam Veterans Memorial 55 Water Street
(7) Jobs Wall Street Fountain 110 Wall St
(8) Human Services / Safety Net South St. Seaport 20 Fulton St

* Note: Liu, De Blasio, and the Rev. Sharpton will join UFT President Michael Mulgrew at the City Hall Assembly site on Broadway.  Parent groups will convent on the East (Brooklyn Bridge side) of City Hall.

At 4:30pm, demonstrators will begin marches from assembly sites to the intersection of Water Street and Wall Street, where they will participate in over 100 street teach-ins to educate the public on the bad deals, loopholes and sweetheart deals for Wall Street that cost New York City billions.

Example:  City officials gave over $100 million in subsidies to JPMorgan Chase, Citigroup and Morgan Stanley to save or create over 17,000 jobs – and they didn’t.  Bloomberg must demand accountability and get back unearned subsidies to prevent budget cuts.

Also, at 4:30pm, Comptroller John Liu, Public Advocate Bill de Blasio, and the Rev. Al Sharpton will join UFT President Michael Mulgrew at a City Hall teach-in on education cuts.  At 5:00pm the group will march from City Hall down Broadway through the Wall Street area to join the teach-ins at Water Street and Wall Street.  
 
At 5:30pm all participants will join at Water Street and Wall Street and march down to Battery Park for an energetic closing session.


What:  May 12 Day of Action to Save Our City’s Budget and Make the Banks Pay

Who:  More than 10,000 demonstrators from the May 12 Coalition, joined by Liu, De Blasio, and the Rev. Sharpton

Where and When:   TODAY

4:00PM – Mobilization begins at 8 Assembly sites including City Hall

4:30 PM – Demonstrators in Financial District begin March to Water St. and Wall St. Convergence Point

5:00 PM -- Liu, De Blasio, and the Rev. Sharpton join UFT President Michael Mulgrew on march from City Hall down Broadway, through the Wall Street area to Water Street and Wall Street

5:00PM – Over 100 of street teach-ins begin at Water St. and Wall St.

5:30PM – All groups join at Water and Wall, March continues to Battery Park

Visuals: 10,000 demonstrators, giant puppets, original artwork, stilt walkers,  marching bands and more.

For photos, video, and live updates from the March, go to:
Twitter:  twitter.com/onmay12
Facebook:  www.facebook.com/OnMay12
Web:  www.onmay12.org
YouTube:  www.youtube.com/user/OnMay12th