Saturday, December 12, 2009

Demonstration to Protest, Expose and Trash Ratner's JUNK YARD BONDS for Atlantic Yards Arena

Save the Date: Monday, December 14. Noon.

Demonstration to Protest, Expose and Trash Ratner's JUNK YARD BONDS for Atlantic Yards Arena

NEW YORK, NY — At noon on Monday, December 14th there will be a demonstration protesting the Junk Yard Bonds New York State is about to sell for Forest City Ratner's junk arena, at great risk for New York State.

We will be selling Junk Yards Bonds. The demonstration will conclude with a ritual dumping of the Junk Yard Bonds into a Garbage Truck—the best place for these bonds—from Willets Point, Queens (where they are also fighting eminent domain abuse).

Questions will be raised.

It will be videogenic and photogenic.

WHAT:
Demonstration to Protest and Watchdog Ratner's Arena Junk Yard Bonds and the credit rating agencies that gave these bonds, barely, an "investment grade" rating.
Call for Attorney General Cuomo and Comptroller DiNapoli to investigate the bond structure, rating and issuance.

We will be selling Junk Yards Bonds.

WHEN:
MONDAY, DECEMBER 14
12 NOON
Dumping the JUNK BONDS into the GARBAGE TRUCK about 12:45
(Garbage Truck from Crown Container, fighting the taking of Willets Point by eminent domain)

WHERE:
Standard & Poor's Offices
55 Water Street
Manhattan
(2/3 to Wall St., R/W to Whitehall/South Ferry, 4/5 to Bowling Green)

WHO:
Develop Don't Destroy Brooklyn
Good Jobs New York
Citizen Watchdogs