Protesters demand financial industry reform

Hundreds of union members rally demanding financial industry reform outside Goldman Sachs' Chicago office in the Willis Tower. The ranks of protestors are filled with union members. (ABC7's Ben Bradley)

April 28, 2010 7:02:11 PM PDT
Hundreds of laid-off workers and union members rallied outside the Willis Tower, where Goldman Sachs' Chicago offices are located, one day after the company's CEO was lambasted by senators for 'unbridled greed.'

The protesters demanded financial industry reform and called for more jobs. Some of the protesters portrayed bankers as fat cats.

Protesters demanded that Wall Street companies pay to rebuild the economy and provide jobs that demonstrators say the big banks destroyed.

"I don't see them giving us a break - I don't see them helping the smaller guys that want to open a business," said union sheet metal worker John Jubica. "I see people losing their houses all the time. I mean when are people going to have mercy on the working man?"

On Tuesday, Goldman's CEO Lloyd Blankfein testified at a U.S. Senate hearing in Washington. He told skeptical senators clients who bought subprime mortgage securities from the Wall Street powerhouse in 2006 and 2007 came looking for risk "and that's what they got."

Goldman's activities have been under investigation by a Senate committee for 18 months.