
Joel Sucher
Joel Sucher, a filmmaker in Hastings-on-Hudson, N.Y., is working on Foreclosure Diaries, a documentary about the financial crisis.

Joel Sucher, a filmmaker in Hastings-on-Hudson, N.Y., is working on Foreclosure Diaries, a documentary about the financial crisis.
It was a scene begging to be turned into a Christopher Guest script (remember, "Best in Show" and "A Mighty Wind?"): A film crew sets up last week and prepares for a shoot around the Foley Square area of lower Manhattan.
Back in May of 2007 my company started working on a documentary, "Foreclosure Diaries," detailing a crisis that was only beginning to make itself felt. We spent time in what was then the epicenter of the foreclosure crisis; a devastated neighborhood in Cleveland known as Slavic Village. Stripped bare of habitable housing, this once bustling blue collar area was an eerie tableaux of vacant, ramshackle homes; allowed to deteriorate by outside investors who had bought and sold foreclosures, en masse, aiming to profit from a quick flip to other sets of investors; all to feed the endless appetite of Wall Street's securitization magog.
An OWS subgroup discusses what would constitute a truly alternative bank, how much could be borrowed from the credit union, community bank and mutual models, and how to take it several steps beyond.
There was a hard lesson learned by many in the Occupy movement last week. When you push the so-called "establishment," they push back… with a vengeance. It was an "Iron Heel," response, with billy clubs in the ribs, pepper spray in the face and a general disregard of the right to peacefully protest.
Judge Jonathan Lippman, regulator Benjamin Lawsky and Attorney General Eric Schneiderman are standing up to an industry intent on forgetting that the foreclosure crisis affects real people, real lives and real families.
We've already seen Occupy Foreclosures. How about Occupy The Wall Street Journal, Occupy Fox News or Occupy PBS?
I'm hoping William Dudley would consider a meander down the street to Zuccotti Park, with the Fed's consent order against Goldman Sachs in hand. Let the crowd know that the Fed not only shares your pain, but has a few analgesics that might make you feel a bit better.
Was the Fed trying to convince itself foreclosure isnt that bad? Would they roll out the pie charts and PowerPoint presentations to convince the rest of the financial community, Congress and the like, that homeowners dont have to fear deterioration of lifestyle, maybe just a bit of downsizing?
With millions of American homeowners living under a Sword of Damocles otherwise known as foreclosure, expect to see more protestors turning out to block evictions and sheriffs sales.