From CityLife/VidaUrbana, Boston:
Foreclosed families gathered on September 2nd, at 5:30 pm in front of
Deutsche Bank’s annual lavish dinner for the PGA’s top golfers at the
4 Seasons Hotel in Downtown Boston to protest the bank’s continued
foreclosures and evictions of Massachusetts and Rhode Island
residents, and demand an end to unfair foreclosures and
post-foreclosure evictions.
Coalition Opposes Deutsche’s Sporting Life…Demand an End to “Fore!”closures
Deutsche Bank was responsible for 14% of all foreclosures in the past
12 months in Massachusetts and 20% of all post-foreclosures evictions
in Rhode Island in 2008. Deutsche Bank has refused to let families
in foreclosed buildings stay in their homes. One such family is the
Gonzalez family, tenants of 77 Waldo Street, Providence, RI, whom
Deutsche Bank is planning to evict sometime after September 1st.
A coalition of community groups took their demands directly to
Deutsche on September 2nd. Because, despite the economic downturn
which Deutsche helped to create through their role in mortgage
securitization and the personal economic devastation Deutsche has
created and continues to create for many Bay state and Ocean state
residents, Deutsche Bank continues its sponsorship of lavish events
such as the Deutsche Bank Invitational Golf Championship, taking place
this upcoming weekend in Norton, MA, and the annual pre-tournament
dinner at the 4 Seasons Hotel across from the Public Garden in
Downtown Boston. Dinner invitees, including tournament sponsors, PGA golfers, and local elected officials have been invited to take part in the rally to show their support for local families.
