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Protesters Target Mo. A.G. Over Bank Settlement Program

Michael Calhoun (@michaelcalhoun, mrcalhoun@cbs.com)
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Protesters hold up signs and shout chants about banks while standing outside the Old Post Office building on September 18, 2012 (KMOX/Michael Calhoun)

Protesters hold up signs and shout chants about banks while standing outside the Old Post Office building on September 18, 2012 (KMOX/Michael Calhoun)

ST. LOUIS (KMOX) – Protesters pushed Missouri Attorney General Chris Koster today to get moving on a program to help homeowners who are underwater or facing foreclosure.

“Our message is ‘release the money now’ and you know maybe get a better way of making a decision instead of letting banks decide who gets the relief money and who doesn’t,” organizer Zach Chasnoff said.

The protesters claimed that the A.G. doesn’t plan to put the $195 million big banks settlement money to use for another three years and, then, will only handle paperwork and plans to let the banks actually make decisions on which of their customers gets the money.

KMOX News is awaiting a response from the A.G.’s office.

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