Wall Street Protests Target City's Millionaires

Hundreds of protesters demonstrating against Wall Street headed uptown and staged a "Millionaires March" to the homes of capitalists in Manhattan.

Protesters swarmed the entrance of a Fifth Avenue high-rise — the purported home of News Corp. CEO Rupert Murdoch — on Tuesday afternoon as they marched north along the avenue chanting "We are the 99 percent!"

They then headed to Park Avenue and stopped at the home of oil tycoon David Koch then onto the home of financier Howard Milstein. Protesters made their way to JP Morgan Chase CEO Jamie Dimon holding aloft over-sized checks for $5 billion made out to the wealthy.

Mayor Michael Bloomberg, whose townhouse was not visited by protesters, defended Dimon, saying he was a good banker.

"To go and to picket him  — I don't know what that achieves," Bloomberg said. "Jamie Dimon's an honorable person, works very hard, pays his taxes."

They don't have a permit, but will walk in a narrow column so they don't block sidewalks, according to Doug Forand, a protest leader.

Forand, citing budget cuts affecting schools and senior citizens, said the state's plan to end the "millionaires' tax" is "unconscionable" and urged lawmakers to extend it.

With the Associated Press

Protesters headed uptown on October 11.
Protesters headed uptown on October 11. ( Ilya Marritz/WNYC )
Protesters gather on 5th Avenue on October 11.
Protesters gather on 5th Avenue on October 11. ( Ilya Marritz/WNYC )
Passersby gawked at the protesters as they marched up Fifth Avenue.
Passersby gawked at the protesters as they marched up Fifth Avenue. ( Ilya Marritz/WNYC )
Protesters jam the entrance to the purported home of News Corp. CEO Rupert Murdoch
Protesters jam the entrance to the purported home of News Corp. CEO Rupert Murdoch ( Ilya Marritz/WNYC )
( Ilya Marritz/WNYC )
Protesters head to Park Avenue.
Protesters head to Park Avenue. ( Ilya Marritz/WNYC )
Protesters headed to the home of oil tycoon David Koch.
Protesters headed to the home of oil tycoon David Koch. ( Ilya Marritz/WNYC )
Police help a woman into her Park Avenue apartment as protesters demonstrate outside.
Police help a woman into her Park Avenue apartment as protesters demonstrate outside. ( Ilya Marritz/WNYC )
Onlookers watch the protesters uptown.
Onlookers watch the protesters uptown. ( Ilya Marritz/WNYC )
( Ilya Marritz/WNYC )
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