Fix LA Exposes the Truth About Wall Street

The Fix LA Coalition is still taking over the airwaves. On April 1, SEIU Local 721 Research Analyst Lisa Cody appeared on KPFK’s Uprising Radio program to talk about Fix LA’s recently-released report showing that Wall Street is charging the City of LA more than $200 million in fees each year.

Watch the interview below or listen to it here.

Click here to read Fix LA’s report, entitled “No Small Fees: LA Spends More on Wall Street than Our Streets.”

The Fix LA Coalition is a coalition of community groups, working families, small business owners and faith-based organizations with hundreds of thousands of members in the City of Los Angeles. We’re working to restore neighborhood services and maintain a strong public sector to benefit all of LA.

Member groups include Koreatown Immigrant Workers Alliance (KIWA), Strategic Concepts in Organizing and Policy Education (SCOPE), Strategic Actions for a Just Economy (SAJE), Southern Christian Leadership Conference (SCLC), One LA, LA Voice, Alliance of Californians for Community Empowerment (ACCE), Community Coalition, SEIU Local 721, Inner City Struggle, Coalition of LA City Unions, People Organized for Westside Renewal (POWER), AFSCME District Council 36 and others.

We’re just getting started. Stay tuned for upcoming actions.

Some more media coverage:

LA Times: ‘L.A. should trim bank and investment costs, group says’

KABC: ‘Report: L.A. Spends More on Bank Fees than Streets’

Huffington Post: ‘ New Report Reveals How Wall Street Impoverishes Los Angeles’

AlterNet: ‘How Wall St Is Shaking the Silver Out of Los Angeles’

ATVN: ‘ Protesters Demand Fewer LA Dollars Go to Wall St.’

LA Weekly: ‘ Why Is L.A. City Hall Spending $204 Million on Bankers’ Fees?’

ATVN: ‘Protesters Demand Fewer LA Dollars Go to Wall St.’

NDTV (Starts at 5:23)