Corporate support for Occupy Wall Street

A growing number of American CEOs are now starting to back the Occupy Wall Street movement.

In an interview with Fortune magazine, Citi CEO Vikram Pandit says their concerns are "completely understandable". He says trust has broken down between Wall Street and the public and that needs to be rectified. He says he would meet with the protesters.

Billionaire George Soros says he understands where the protesters are coming from and understands the anger at the use of taxpayers' cash to prop up stricken banks, allowing them to earn huge profits. "I think I can sympathize with their views,'' Soros says. "Actually I can understand their sentiment, frankly …since they were relying on that credit to run their businesses an awful lot of them actually were put out of business." And one of the world's richest and biggest investors Bill Gross from investment management giant PIMCO has tweeted his support: "Class warfare by the 99%? Of course, they're fighting back after 30 years of being shot at."


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