A young man of color arrested in Union Square earlier today doing literally nothing but crossing the street.
I am fucking shaking with anger. This video shows Union Square earlier today. Clearly there is a protest but the area immediately surrounding the guy with the camera is just observers and people milling around. Watch the guy in the red shirt. From the vimeo link:
As you can see at around 0:30, a young man in a red shirt, Glenn Daniels Jr, is walking near the sidewalk with hundreds of other protestors. The crowd was attempting to cross the street to continue the march south down Broadway from Union Square. Daniels is peacefully walking with a water bottle, not committing any crime. At 0:35 he is approached by an NYPD officer and pushed towards the sidewalk. At 0:38 a senior police officer in a white shirt quickly approaches and grabs Daniels and another young man with a beard and backpack. The lighter skinned man is let go, but Daniels is arrested. The remainder of the video shows NYPD officers cuffing and detaining Daniels.
This is horrifying.
By the way, the Occupy Wall Street arrests are now on the homepage of the New York Times.
Took long enough for the NYT to play that up. :/
(Source: athenasaurus)
As an update to our post last night: @AnonOps on Twitter gives a bit more realistic head count of the number of people than the one that trended on Twitter yesterday. 1,500 to 2,000 people seems a bit less unrealistic than 50,000.
Because Tumblr user PoetFire asked: Most media outlets are reporting “hundreds” of protesters (or “more than 1,000”) at today’s Occupy Wall Street event. However, a Twitter meme going around today puts that number at closer to 50,000. Above is said tweet, via @AnonOps. Below is a fairly representative crowd shot of the protests, via Twitter user @EgyptEagle, a screenshot from a video of the protests, and (for comparison) an aerial screenshot from a video that showed the crowds at the Tea Party Express protest in Harry Reid’s hometown of Searchlight, Nev. The Searchlight protest had a crowd of about 9,000 people. Do you see 50,000 people at today’s protests? We don’t. (BTW: If anyone has an aerial shot of today’s protests, please send it along.)
vruz says: I’m honestly not sure, but I think that you may be missing the point a bit. the point is probably not to disrupt the US economy (that’s what the Tea Party caucus does) but to make a symbolic stand and be heard by those in positions of power who can take decisions when they feel the heat (not the bank clerks). I don’t think anyone at this point is thinking of causing shock, but making peaceful protest. It will depend on the clarity of message they deliver whether it scales up or not, not on the decibels of some Tea Party-like angry shouting, and most certainly not their guns.
» SFB says: Honestly, we’re not thinking of it from a disrupt-the-economy aspect at all, but more a public relations, push-the-message-forward one. It’s sort of like, yes, you have to start somewhere, but if you’re going to make your voice heard, timing is your best friend. A Saturday start for a protest of something that’s best-known as a weekday endeavor, it feels ill-timed to us. The impact gets lost. Tea Partiers have scale and organization to push their momentum … those protesting Wall Street don’t have the same level of scale, but good timing goes a long way to make up for that. That’s why we pulled out the example of “Sleep Now in the Fire” — that wasn’t a massive protest, but it was well-timed and as a result, it helped push the message (which was similar to this one) further. — Ernie @ SFB
(Source: CNN)
Gary Foster, 35, pleaded guilty to bank fraud, admitting that he took the money between 2003 and 2010. He appeared in U.S. district court in Brooklyn before Judge Eric Vitaliano.
Assistant U.S. Attorney Michael Yaeger said the government will request a prison sentence of eight to 10 years. Foster will remain free on $800,000 bail until he is sentenced.
Lovely — way to play into stereotypes about banking execs there, Gary.
Just about says it all. (The New Yorker)
Classic and timely all at once. Striking for the exact opposite reasons this particular cover drew our fancy two days ago.
The ultimate bad-luck signs: From our boy Zach Seward, a video of The Smurfs ringing the opening bell on the Wall Street this morning. What’s up with the cheesy techno music and dumb effects on the video? And why are The Smurfs so terrible?
Raj Rajaratnam, the billionaire investor who once ran one of the world’s largest hedge funds, was found guilty of fraud and conspiracy on Wednesday by a federal jury in Manhattan. He is the most prominent figure convicted in the government’s crackdown on insider trading on Wall Street.
Mr. Rajaratnam, who was convicted on all 14 counts, faces up to 25 years in prison when he is sentenced.
This is the biggest blockbuster insider trading case since Bud Fox got nailed back in 1985.