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Code Pink Cofounder Clashes with Fannie Mae and Freddie Mac
Code Pink cofounder Medea Benjamin disrupted the annual Mortgage Bankers Association convention in San Francisco yesterday, demanding a moratorium on home foreclosures nationwide. During a panel featuring heads of Fannie Mae and Freddie Mac, Benjamin walked onstage and said, "Since the public bailed out your companies, the public should have a right to ask a question: We need a moratorium on foreclosures. Will you please call for that, sirs?" She was then hustled off stage.
Benjamin's protest was part of a larger demonstration outside the convention. While Fannie and Freddie CEOS are working to prevent the housing crisis from becoming worse, Code Pink claims mortgage bankers will continue to profit from predatory deals as the government continues using tax dollars to bail out banks.
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