Austerity has been passed in Italy and Berlusconi is expected to resign immediately.Comments »
The city says protesters can return to the park after the cleanup – but without the sleeping bags, tarps and coolers that have made their 27-day sit-in possible.
“We see this as a pretext to shut the occupation down,” said protester Amin Husain.
Occupy Wall Street – an amorphous group that has tapped into national populist anger at corporate excess – said it would resist any attempt by the NYPD to shift protesters from the public plaza where they have camped since Sept. 17.
“They will not foreclose our home!” Husain told the crowd. “This is an occupation, not a permitted picnic. We won’t allow them to come in.”
They geared up for a confrontation, sending out an emergency alert calling on supporters to mobilize at 6 a.m. Friday “to defend the occupation from eviction.”
“We’ll position ourselves with our brooms and mops in a human chain around the park, linked at the arms,” protest organizers wrote on their Facebook page.
“If the NYPD attempts to enter, we’ll peacefully/non-violently stand our ground and those who are willing will get arrested.”
Raj Rajaratnam, the face of the biggest trading scandal in a generation, was sentenced Thursday to 11 years in prison, one of the longest ever sentences handed down for an insider case.
Prosecutors had sought a sentence of 19 years and seven months to 24 years and five months behind bars for the former hedge fund titan. Rajaratnam’s lawyers — citing health problems, among other factors — had been urging the judge to consider a much more lenient sentencing range of six-and-a-half years to eight years and one month.
“His crimes and the scope of his crimes reflect a virus in our business culture that needs to be eradicated,” US District Judge Richard Holwell said in imposing sentence. The judge also ordered Rajaratnam to pay a $10 million fine.Comments »
Leverage is a tool, but can be dangerous and sometimes fatal.Comments »