- Home
- About
- ACCE in ACTION
- News
- Action Center
- REPORTS
- Report: "Pulling Back the Curtain: The 1% Behind the 2011 Bonuses (1/12)
- Cost of Cuts in CA (1/2012)
- Report: Wall Street Banks and the Growing Housing Crisis (Dec 2011)
- The Wall Street Wrecking Ball: What Foreclosures are Costing our Neighborhoods (Sept 2011)
- Foreclosure: The Cost Communities Pay in SD (July 2011)
- All the Foreclosures Money Can Buy (April 2011)
- Wall Street Homewreckers (March 2011)
- The Win-Win Solution: How Fixing The Housing Crisis Will Create One Million Jobs (8/2011)
- Contact
- Links
Home reclaimer Gayla Newsome still in her home!
14 December 2011
Last Tuesday, Gayla Newsome reclaimed her house and announced "I am not leaving." It's a week later and she is standing strong!
The house had been sitting vacant since Gayla and her three daughters were evicted from their West Oakland home last summer. Now we have learned that the eviction may have been illegal!
December is bonus time for the Wall Street execs that crashed our economy by recklessly gambling with our homes and jobs. But for millions of regular people, the 99%, every day is a struggle. Instead of bonuses we get layoff notices and foreclosure evictions. Rather than rewarding themselves for destroying families, 1% bankers like those at JPMorgan Chase need to do the right thing and ensure that Gayla can stay in her home.
It's been an eventful week since she reclaimed her home with the support of ACCE, Occupy Oakland and her neighbors. After moving into her home, she led a delegation to Chase to try to work things out. There Chase employees told her they thought that the eviction actions of her 2nd mortage company, Residential Capital Mortgage Income Fund, were potentially fraudulent. In solidarity, 15 people in San Diego visited Residential’s San Diego-based CEO and got a commitment to halt any legal action.
BUT THAT COULD CHANGE AT ANY MOMENT! JP Morgan Chase has the power to make things right by working with Gayla.
Gayla is fighting for herself but also for all of West Oakland, which is ground zero of the foreclosure crisis at the heart of our economic devastation. Foreclosures are so pervasive that one investor has bought up over 170 properties. As I write this, Gayla is working hard to expand her support by talking to faith leaders, elected officials and community members about taking a public stand with her. With your help, she will keep the pressure mounting on Chase Bank.
Thank you for your continued support for Gayla and for all of us fighting to hold banks accountable.
In Solidarity,
Vivian Richardson, Alliance of Californians for Community Empowerment (ACCE)



