In September, NWFCO joined more than 230 people from around the country for the “Banking for a New Economy” Summit in Chicago, Illinois. We came together to build a national movement for bank accountability – reminding ourselves that the banks created the greatest economic crisis since the Depression, and now we have to make them fix it
At the summit, NWFCO’s Betsy Dillner talked to a group of grassroots leaders and organizers from across the country about our work in Washington state to organize “underwater homeowners” – those who owe more on their homes than their homes are currently worth. (When the big banks created a housing bubble and then crashed the economy, housing prices plummeted, leaving hundreds of thousands of people underwater.) Continue reading

