Occupy the SEC held the march to celebrate the release of its 325-page comment letter to the SEC calling for it to strengthen - and then, more important, enforce - the Volcker Rule, which will go into effect on July 21, 2012. According to Aaron Bornstein, who helped organize the march, Occupy the SEC's comment is about twice the size of the next longest letter, drafted by the Securities Industry and Financial Markets Association, a financial interest lobbying group.
This year s Equity Summit 11 is organized around the notion that racial and economic equity is the best growth model for the increasingly diverse, and increasingly unequal, U.S. I joined a panel on the topic today with HUD Secretary Shawn Donovan, the Harlem Children Zone s Geoffrey Canada, Antonio Gonzalez of the William C. Velasquez Institute and Manuel Pastor of the University of Southern California. Pastor shared research showing that both countries as well as American metropolitan areas with the least inequality and gaps between rich and poor are growing faster than those with the starkest gaps.