Unions to rally for financial reform

The Service Employees International Union (SEIU) on Monday announced that several rallies will occur this week demanding financial reform. The demonstrations will be held at events hosted by some of the country's largest banks. 

"The nation's biggest banks crashed the economy, causing over 8 million to lose their jobs, 1 out of every 8 families facing foreclosure, and cities, counties and states teetering on the edge of bankruptcy," stated an SEIU release on the protests. "Now, these same banks are pouring $1.4 million a day into the Senate to stop Wall Street reform. Ordinary Americans are saying 'enough is enough." 

The union expects 10,000 Americans to participate in the protests. The events are expected to take place on Tuesday in San Francisco in front of a Wells Fargo annual shareholder meeting and in Kansas City in front of a Bank of America. On Wednesday, rallies are slated to take place in Charlotte, NC, before a Bank of America shareholder meeting and in New York City on Wall Street. 

Aside from the SEIU members, representatives from National People's Action, PICO  National Network, the AFL-CIO, and North Carolina United Power/IAF Southeast are expected to participate in the rallies.