700 Protesters Against the U.S. Financial System Were Arrested
More than 700 protesters were arrested on Saturday in New York and Boston due to protests against the U.S. financial system.
Most of the arrests took place in New York, where about 700 people were arrested for two hours because they cut the Brooklyn Bridge in Lower Manhattan, amid a two weeks outcry against the financial system and practices in Wall Street.
A total of 24 people were arrested during a large peaceful demonstration in front of the headquarters of Bank of America, police said Saturday.
According to organizers, 3,000 people demonstrated outside the bank, while police did not provide a number of participants.
The company, the largest U.S. bank in assets, recently announced it will cut 30,000 jobs and it will also cut 5,000 million dollars in annual expenditures for 2014 as part of a comprehensive restructuring plan.