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20 Mar, 2010 04:21

US homeless want bank to foot the bill

Protestors took to the streets of New York demanding that one of America's biggest banks start to repay its billion dollar bailout and provide help for some of the city's homeless.

Chase Manhattan bank is accused of letting hundreds of unused properties go to waste when many people don't even have a roof over their head.

What the homeless community is demanding is that Chase, after being bailed out by taxpayers to the tune of $25 billion, now reciprocate and essentially hand over some of its properties so the homeless can move into the buildings.

The homeless people were rallying out on the street earlier this week, sending their message to the bank. They say it’s not fair that the banks received a bailout while those who have nothing are now in worsening conditions due to the recession.